Kiran Patel has joined Cordea Savills as chief investment officer, with a global remit.
Patel joins from Axa Real Estate, where he spent 11 years and was latterly global head of business development, distribution, research and strategy with the insurance giant.
Prior to this he was an associate director at Legal & General Investment Management.
Patel said: “I have been impressed by the structure and growth of Cordea Savills over recent years and by its plans for future expansion. As CIO, I can add to the depth of existing investment experience at the company and I look forward to playing a key role across the business in fulfilling the next stage of its growth.”
Cordea Savills is an international property investment manager and, along with other Savills Group companies, had €7.6m (£6bn) under management as of 30 June.
Sophia.Furber@estatesgazette.com
