Valad Europe has rebranded as Cromwell Property Group.
The change brings the fund manager in line with its Sydney-listed parent, which bought the company in 2015 for €145m (£105.1m).
The company now has €3.3bn of funds under management in Europe totalling 270 assets, and employs 180 people across 21 offices.
It is currently in the process of raising the €2bn Cromwell European Cities Income Fund, an open-ended institutional core fund which will buy assets in 29 cities the company sees as providing long-term rental growth potential and strong liquidity.
David Kirkby, chief executive of Europe, said: “Our additional scale, geographic spread and access to capital as part of Cromwell, combined with our European track record of creating value and delivering superior risk-weighted returns throughout the real estate investment cycle, has enhanced our ability to partner with institutional investors from around the world.”
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