Anne Kavanagh, chief investment officer at investment manager Patrizia, has been named as the new chief executive of build-to-rent developer Telford Homes.
Kavanagh will start her new role at Trammell Crow Company-owned Telford on 25 July, taking over from Jon Di-Stefano, who will step down after a decade at the company.
Under Kavanagh, Patrizia grew to manage more than €55bn (£46.8bn) in real estate assets. She joined the company in 2017 and oversaw its key fund management strategies, acquisitions and investment activities. Earlier in her career she worked at AXA Real Assets, Lazard, Cambridge Place Investment Management and JLL.
Kavanagh said she viewed Telford Homes as “a trailblazer in London’s multifamily build-to-rent developer sector”.
David Neuman, head of TCC’s European operations, described Kavanagh as the “ideal leader” for Telford Homes, highlighting her “track record in transforming and growing global businesses, working closely with investors and occupiers, and driving diversity and sustainability”.
He added: “Our vision is to continue delivering first-class sustainable build-to-rent homes throughout London and expanding our footprint geographically, using our unique ability to transform spaces into sustainable communities.”
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