Standard Life Investments has hired Deutsche Pfandbriefbank's Neil Odom-Haslett to lead its newly created commercial real estate lending platform in the UK.
Standard Life Investments has hired Deutsche Pfandbriefbank's Neil Odom-Haslett to lead its newly created commercial real estate lending platform in the UK.
Odom-Haslett, who worked in real estate credit risk management at PBB, will join Standard Life Investments at the end of August as its head of commercial real estate lending.
Reporting to David Paine, head of real estate investments, he will be based in London and will be responsible for all aspects of the Standard Life Investments commercial real estate lending platform with a focus initially on good quality senior secured loans in the UK.
Standard Life Investments has been active as commercial real estate lender in Canada for over 50 years.
Commenting on the development, David Paine, head of real estate at Standard Life Investments, said the move comes in response to growing interest from institutions in the asset class. 'They look to further diversify their fixed income and real estate portfolios whilst maintaining and often enhancing yields and risk adjusted returns,' he added.
