Amal Del Monaco. Credit: Patrizia
Ticker

Patrizia appoints Amal Del Monaco as new European Head of Asset Management and chair of country heads

PATRIZIA AG announces the appointment of Amal Del Monaco as its new European Head of Asset Management and chair of its country heads.

Amal Del Monaco will join PATRIZIA from AXA IM Alts, a global leader in alternative investments with over EUR 157 billion of AUM, where she spent the last 24 years. Her most recent roles there included Global Head of Living (2020-21) and Head of Asset Management Sector Specialists (2018-2020).

Fluent in four languages, including Spanish and French, she further strengthens PATRIZIA’s regional expertise in south-western Europe. Del Monaco also brings a wealth of international experience in managing real asset investments across a range of sectors including living and logistics, as well as overseeing local teams.

Del Monaco, who will be based in Paris, will be responsible for leading asset management across PATRIZIA’s pan-European portfolio, and will chair the company’s group of European country heads. Reporting into Anne Kavanagh, PATRIZIA Management Board Member and Global CIO, she will work alongside PATRIZIA’s European CIO, Philipp Schaper, who leads fund management and transactions.

Anne Kavanagh said: “I am very excited that Amalwill join PATRIZIA with her comprehensive international experience in managing both real estate and real assets. She will be responsible for developing futureproof, long-term asset management strategies for all our assets. This is crucial to meet the increasing expectations of our clients in making a positive environmental and social impact, whilst delivering stable financial returns. She will also lead our best-practice sharing approach and continue to manage collaboration among all European country heads.”

Amal Del Monaco commented: “I am very much looking forward to joining PATRIZIA at a time when, more than ever, we rely heavily on active asset management to embrace innovation, tackle financial, environmental and social constraints or opportunities to deliver sustainable value for tenants and clients. I am also thrilled to bring my real asset expertise, cross-border experience and all my enthusiasm to PATRIZIA at a time when the company is broadening its portfolio and moving beyond real estate into becoming a leading partner for global real assets.”

Anne Kavanagh added: “On behalf of the Management Board, I would like to take this opportunity to wish Rikke Lykke the very best for her new senior leadership role outside PATRIZA and thank her for her great work over the past nine years. Rikke achieved many milestones during her time with us, including the integration of three major companies we acquired. She played a key role in helping PATRIZIA become a leading independent investment manager across Europe with international reach. And her leadership in successfully managing our tenant relationships and assets, especially during the Covid-19 pandemic, was outstanding.”

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Umdasch: Digital Signage offensive at TotalEnergies

With their new order, the Store Makers from umdasch can once again prove their expertise: In addition to the delivery, installation and implementation in operation of the Digital Signage system by umdasch Digital Retail, umdasch Food Retail will implement the redesign and digital equipment of numerous tobacco shelves.

Atrium had more than 50 new openings in the first half of 2022

Atrium continues to enrich their centres with new and refreshed retail concepts. In the first half of 2022, over 50 new stores were opened with a total area of 14 000 sq m. Debut retailers in the country and in cities where Atrium is operating make up the majority of these new openings.

La Torre Outlet Zaragoza receives TripAdvisor’s Travelers’ Choice 2022 award

La Torre Outlet Zaragoza becomes one of the favourite destinations for travelers and visitors in the city after being awarded TripAdvisor's Travelers' Choice 2022.

MRM signs agreement to acquire two shopping centers from Altarea Commerce

MRM announced proposed acquisition of two leading and successful properties in Flins-sur-Seine (Yvelines) and Ollioules (Var) for a total of 90.4 million Euro. The acquisition would entail capital increases by MRM of a total of 50 million Euro.

British Land expands its retail and leisure offering at Regent’s Place

British Land has signed nearly 2800 sq m of food, leisure and wellbeing space at Regent’s Place, its Campus located at the intersection of Camden, Fitzrovia and London’s Knowledge Quarter.

Improving the Customer Experience through the Lens of Data

Landlords, tenants, and service providers have to collaborate with each other in order to create the best customer experience. Data helps when it comes to making better decisions. PropTech enables landlords to connect using such data.