Cromwell Property Group, the global real estate investment manager, today announces the appointment of Mark McLaughlin as Managing Director of its European business.
Mark, who has transitioned into the role over the past few months, brings a wealth of European investment and asset management experience, having previously been the Group’s Head of Property Europe and Head of the Benelux region. Reporting to Paul Weightman, CEO of Cromwell Property Group, Mark will have full operational responsibility for running the European business.
Mark takes over from David Kirkby, who has moved into an Executive Director position within the European Group, with responsibility for developing and maintaining strong relationships with the firm’s existing clients, as well as generating new business.
Paul Weightman, CEO of Cromwell Property Group, commented: “We are pleased to announce the appointment of Mark to Managing Director of our European business, following a period of transition, as well as David in his new role within the Group. These appointments highlight our overall commitment to growing the European business into a market-leading investment management platform. The depth and diversity of Europe’s real estate market makes it a compelling opportunity for overseas capital seeking real estate returns. We are excited about the future and believe these appointments add further strength to the structure of our European business.”
Mark McLaughlin, Managing Director of Cromwell Property Group Europe, commented: “I am very pleased to take on this role as head of Cromwell’s European business. This is a fantastic opportunity to take the business forward as we continue with our strategy to grow assets under management in Europe.
“The strength of our group is founded on the quality and experience of our locally-based asset and fund management teams. The importance of being able to offer investors a global solution for their real estate investments is becoming increasingly important as real estate continues to command an even greater allocation in investors’ portfolios.”
David Kirkby, Executive Director, Cromwell Property Group Europe, commented: “I am looking forward to being able to focus on strengthening our relationships with existing and new clients to support with growth of our business across Europe.”