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LONDON-CB Richard Ellis Investors has hired Jean Lamothe as president of the company’s Europe division. Lamothe, with 24 years experience in Latin America, Asia and locally, comes from stints at Otera Capital and Caisse de depot.

In an interview with GlobeSt.com, Lamothe admits that Europe is facing challenges. The European Union agreed on Sunday to an $89 billion bailout for Ireland, with additional assistance from the International Monetary Fund. “There are some structural issues for some European countries, but they’ve seen other crises in the past. Every time Europe faces challenges, they seem to be reacting better and quicker. I think politically, they’re getting it together,” he says.

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