SEGRO appoints new Head of Investment for Continental Europe
SEGRO has appointed Philipp Oevermann to lead the company’s investment activities in Continental Europe
Philipp has been with SEGRO for over five years and was previously Director of Logistics in Germany. He has over 15 years’ experience in real estate investment and asset management.
As Head of Investment for Continental Europe Philipp will play a key role in the management and growth of SEGRO’s portfolio across key European markets, including asset recycling and acquisition.
Marco Simonetti, Managing Director, Continental Europe at SEGRO, said:
“We continue to be focused on expanding our portfolio of well-located, sustainable warehousing in and around major population centres to capitalise on the strong demand driven by urbanisation and the growth of ecommerce.
“Philipp has a broad experience of real estate investment and asset management, alongside in-depth market knowledge, meaning he is well-placed to drive our investment strategy across Continental Europe moving forward.”
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.3 million square metres of space (110 million square feet) valued at £21.0 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.
For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.
A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.
Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.
See www.SEGRO.com for further information.