Cushman & Wakefield has hired PGIM Real Estate’s David Gingell as an international partner in its EMEA equity, debt and structured finance team.
In his new role, Gingell will be responsible for leading financing activity in the UK and Ireland, as well as focusing on significant European mandates.
Gingell worked at PGIM Real Estate for 10 years across its London, Chicago and Frankfurt offices, latterly as head of European senior debt while based in Frankfurt.
He co-founded the European arm of the US commercial real estate lender in London and Frankfurt, and has directly closed loans worth more than $5bn (£4.4bn) in nine different European markets across senior and mezzanine strategies.
Maud Visschedijk, head of equity, debt and structured finance EMEA at Cushman & Wakefield, said: “Adding pan European-capability with a strong focus on the UK and Ireland is key for us as we continue our growth across the region. David has the breadth of experience, an international mindset which is important, and has been very successful in building teams which all combine to make him stand out in the market.”
Gingell said: “The market across the UK and Europe is shifting to a brokered model: one where expert advisors are trusted to deliver shrewd debt and refinancing solutions in a market that is increasingly complex. I join a respected and high-performing team with expertise in structuring transactions and our collective ambition to excel and deliver best-in-class execution is incredibly exciting.”
The news comes as PGIM Real Estate makes two senior hires for its European debt team, from HSBC’s Germany business and Allianz Real Estate in London.
To send feedback, e-mail pui-guan.man@eg.co.uk or tweet @PuiGuanM or @EGPropertyNews
