IMMO has appointed Sandeep Bordia as its chief investment strategist and head of research.
Bordia joins IMMO from Amherst Group, where he was head of research and analytics. At IMMO, Bordia will lead economic research and create macro and micro-investment theses for IMMO’s suite of investment products.
Bordia said: “The European real estate market differs significantly to the US, owing to factors like disparate jurisdictions, lower availability of data and less homogeneity, but it’s a challenge that together with the exceptional IMMO team, I’m confident we can overcome.
“There is huge potential to establish granular residential as an asset class in Europe and one of my core ambitions and objectives is to make that happen.”
Gigi Zappel, IMMO’s founder and chief executive, said: “We are delighted to welcome Sandeep, a leading figure in single-family residential, and see his appointment as a significant milestone in our continued growth journey.
“Sandeep has been at the heart of Amherst’s success in reimagining the most fragmented and inefficient areas of the US real estate market through proprietary technology and a commitment to revolutionising an archaic industry. As we seek to unlock this new asset class in Europe by using data-driven investment insights to acquire properties at scale, we are incredibly excited to be able to partner with Sandeep.”
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