Edmond de Rothschild has bolstered its European real Estate investment management unit with the hire of a new head of real estate debt.

Ralph Kind has joined the Swiss group to oversee the development of this new business. He was previously at German commercial property company Demire Deutsche Mittelstand Real Estate where he acted as CEO.

The hire comes amid plans to put a larger focus on higher-yielding approaches with a pan-European origination strategy in 2020.

Edmond de Rothschild has announced plans to expand its debt offering with a more conservative senior debt strategy to replicate the trajectory of the infrastructure debt platform, which has €2.6 billion in assets under management.

Commenting on the new arrival, Christophe Caspar, global head of asset management at Edmond de Rothschild Group said: ‘There is a compelling market opportunity for private real estate debt in Europe.

‘Traditional lenders are reducing their exposure to real estate, whilst borrowers are seeking flexible and reliable capital providers who can provide solutions in a competitive market. We are seeing a strong interest in debt strategies from investors around the world.’

Prior to Demire, Kind was CEO of Fairl Value REIT in Germany and in 2013 founded Arbireo Capital, an investment manager and advisory firm in the German real estate market.

Source:  citywireselector

(The story has been published from a wire feed without any modifications to the text)

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