New investment manager, Immobel Capital Partners, has hired Andrew MacDonald as head of finance and JVs.
The group established by Duncan Owen has so far hired Maureen Mahr von Staszewski, head of pan European office, Monica O’Neill, head of capital and investor relations, and Melinda Knatchbull, finance director and COO.
Immobel said the team had been assembled since the start of the year and was focused on ‘green’ strategies.
Based in London, MacDonald will be responsible for originating, structuring, and managing JV investments and debt and corporate finance. He joins from Schroder Real Estate, where he was head of real estate finance and spent ten years covering debt financing, capital structuring and financial underwriting.
He previously spent four years at Invista Real Estate Investment Management as a director of opportunity and commercial listed funds. He has spent 15 years working alongside Owen, former head of Invista's real estate platform and that of Schroders, as well as with Knatcbull.
Owen served as CEO of Invista's real estate platform from 2006 to 2012. He then led Schroders RE business from 2012 to 2021.
Owen said: ‘We have quickly assembled a senior team steeped in the European real estate space and with an outstanding track record of performance for trusted investors. We are now looking to accelerate the roll out of our thematic based investment with our second Green Office Strategy.’