AXA IM Alts selects head of development, Germany

Global investment giant AXA IM Alts has appointed Filipe de Sá Pessoa to the role of head of development, Germany.

De Sá Pessoa, who is based in Frankfurt, brings 15 years of experience in real estate development, investment management and design. He will be responsible for leading AXA IM Alts’ development activity across Germany, as well as further expanding the business and strengthening AXA IM Alts’ network of partners.

Prior to joining AXA IM Alts, he spent nearly five years at MPC Capital, where he held various senior roles including head of acquisitions and development for micro-living and real estate investment director. He also previously held the role of acquisitions & development manager at DC Developments.

Germany remains a priority market for AXA IM Alts’ business, where it manages an over €12 bn portfolio of assets across multiple sectors.

Globally, AXA IM Alts has completed more than 300 development projects in Europe since 2000, with a total value of more than €21 bn, and currently has a further €12 bn currently underway across 9 countries.

Germain Aunidas, global head of development at AXA IM Alts, commented: 'Having attracted someone of Filipe’s calibre to lead our German development platform is testament to the innovative and ambitious projects we have underway and in our longer-term pipeline.

'The combination of his investment and product experience alongside his strong network of local contacts will be invaluable in expanding and strengthening our real estate development activities in this key market and we are delighted to welcome him to the team.'

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