AXA IMRA appoints Prologis' Northern Europe head as new logistics boss

AXA Investment Managers - Real Assets has announced the appointment of Thomas Karmann as head of logistics, effective immediately.

Karmann brings over 25 years of sector experience having worked for several major pan-European businesses. He joins AXA IM - Real Assets from Prologis, where he was managing director and region head for Northern Europe, responsible for the group's 4.5 million m2 regional portfolio of completed space.

Previous roles include senior vice president of European operations for Gazeley Properties, deputy managing director for Germany and Central Europe at GSE and commercial director for Industrial & Logistics at Bouygues.

Reporting directly to Amal del Monaco and based in Paris, the appointment follows those in September of Joe Persechino and Vincent Mezard as student accommodation & residential specialist and hotel specialist respectively.

AXA IMRA currently manages a 2.6 million m2, €1.9 bn logistics portfolio, predominantly focused on its core markets of the UK, Germany and France.

Amal Del Monaco, head of sector specialists at AXA IM - Real Assets, commented: 'This is our third major appointment within the sector specialists’ team in the past month, supporting our conviction that enriching our teams with deep-routed sector knowledge will allow us to deliver market outperformance on behalf of our clients by enhancing our ability to both source favorable investment opportunities and extract value from the assets we manage.'


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