Invesco Real Estate hires hotel deals chief

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

'We’re delighted that David is joining the Invesco Real Estate team. 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,' said Andy Rofe, managing director, head of Europe, Invesco Real Estate.

With over 19 years of transaction experience and a focus on real estate, hospitality and leisure for the last 14 years, 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, he worked in investment banking at JP Morgan and Merrill Lynch.

'I’m very excited to be joining Invesco Real Estate, which is a respected and long-established player in the institutional hotel real estate market, and to manage IRE’s diverse pan-European portfolio of hotels,' said Kellett.

'This is a great time to join as investors are increasingly finding favour in the hotel space and I am looking forward to further developing IRE’s hotel business across the pan-European markets. Invesco Real Estate’s track record of leveraging its network of local teams to successfully deploy global capital is particularly appealing to me, and I look forward to adding my experience to this already impressive setup,' he concluded.


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