AEW Europe is expected to announce the appointment in the coming days of Christian Delaire as its new CEO to replace veteran Francois Pochard, according to a report in Business Immo, which was confirmed on Tuesday by PropertyEU's sources. Delaire, 41, is currently the head of global fund management at AXA Real Estate Investment Managers. He joined AXA Immobilier in 1994.
AEW Europe is expected to announce the appointment in the coming days of Christian Delaire as its new CEO to replace veteran Francois Pochard, according to a report in Business Immo, which was confirmed on Tuesday by PropertyEU's sources. Delaire, 41, is currently the head of global fund management at AXA Real Estate Investment Managers. He joined AXA Immobilier in 1994.
The European fund manager launched the search for a new CEO in November last year. Pochard, 59, who is to leave later this month, has been working in the fields of finance and real estate for over 20 years. He has held various senior level functions, including that of director of real estate investments and asset management department at Caisse des dépôts et consignations. He was appointed CEO of IXIS AEW Europe in March 2007.
AEW Europe employs over 260 professionals who manage more than EUR 17 bn of assets through comingled investment vehicles, separate accounts and real estate securities funds for both institutional investors and private clients. The company is an affiliate of AEW Capital Management, which is based in the US city of Boston. Together, the AEW Europe and AEW Capital Management real estate management platform has gross assets of EUR 32 bn.
