Goodman Group has appointed Kristof Verstraeten as commercial director for Continental Europe. The Sydney-listed international real estate company said the move is part of a major reorganisation of the group's European management team driven by the growth of its European business.

Goodman Group has appointed Kristof Verstraeten as commercial director for Continental Europe. The Sydney-listed international real estate company said the move is part of a major reorganisation of the group's European management team driven by the growth of its European business.

Danny Peeters, CEO Continental Europe has been given the responsibility of leading the establishment of a Goodman platform in Brazil, in addition to continuing to lead the 190-strong team across the European business.

Verstraeten is now responsible for all commercial operational matters - asset and property management, development and capital transactions - across the Continental European markets where Goodman is present.

Four regional directors will report directly to Verstraeten. They are Jean-François Mounic (France, Italy and Spain); Andreas Fleischer (Germany); B³a¿ej Ciesielczak (Poland) and Roger Peters, who joined Goodman on 1 May as regional director Northern and Eastern Europe.

In other changes to the senior management team Patricia Vande Vyvere becomes director asset management, replacing Rob Salerno who will move to an asset management role for Goodman's UK Logistics business. Dominiek Van Oost becomes chief operating officer and general counsel.

Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the UK and the Asia-Pacific region. The group has EUR 14.8 bn of assets and 393 properties under management, making it the largest industrial listed property group on the Australian Stock Exchange, and one of the largest listed specialist fund managers globally.