French asset manager La Française Real Estate Partners has hired a new senior investment manager as part of its plan to boost the development of its value-added business.

French asset manager La Française Real Estate Partners has hired a new senior investment manager as part of its plan to boost the development of its value-added business.

Agnès Riban, a former manager at the Carlyle Group, will head the new value-add/opportunistic platform of La Française, aimed at both French and foreign institutional customers.

'This new service is part of La Française's development plan, which strives to offer and develop these strategies in parallel with its core/core+ offer,' the company said in a statement.

Riban has more than 15 years' experience in real estate investment. She joined the Carlyle Group in 2001 and became head of acquisitions for France and Benelux in 2007. She started her career as a financial analyst in the acquisitions team of Lasalle Investment Management.