IRE recruits IHG's European development boss as head of hotel transactions

Invesco Real Estate (IRE) has appointed David Kellett as senior director and head of hotel transactions.

He will oversee IRE’s investments in the hotel real estate sector alongside Hans-Peter Hermann, senior director of hotel asset management.

With over 19 years of transaction experience, Kellett joins IRE from InterContinental Hotels Group (IHG), where he held senior roles including head of investor relations and most recently head of development in Europe. Prior to IHG, David worked in investment banking at JP Morgan and Merrill Lynch.

Andy Rofe, managing director, head of Europe, Invesco Real Estate commented: 'Investor interest in the European hotel space is likely to continue growing in the years ahead and David’s experience will be a huge asset in sourcing and executing investments across Europe that suit a range of risk appetites and strategies.'


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