One of the UK’s best-known agents is returning home from a stint in Asia to work client side.
David Raven, currently head of retail investment, Asia, at JLL, is joining private equity investor InfraRed Capital Partners as a director in its European real estate team based in London. He will focus on originating transactions in the UK and Europe with a slant towards retail from 4 July.
Having joined JLL in 1999 out of university Raven became head of UK shopping centre investment from 2006 to 2012 before moving to Asia, where he also led the north Asia capital markets business.
His departure from JLL will coincide with that of Alastair Hughes, chief executive of Asia-Pacific, who leaves on 1 July to return to the UK.
Infrared is currently investing its InfraRed Active Fund III, which closed at the end of November with £475m of equity and total firepower of £1bn with leverage, focusing across sectors in the UK, Germany and France.
Christopher Huxtable, team head of InfraRed’s European team, said: “[Raven] brings with him a proven track record of delivering large-scale and complex transactions and an extensive network of relationships. His skills will contribute to the expansion of our presence in the UK and European retail real estate markets.”
Raven said: “InfraRed has an excellent track record of delivering attractive returns to its investors from its various funds. I am looking forward to joining the European Real Estate team.”
Stuart Crow, head of Asia-Pacific Capital Markets, JLL, said: “We congratulate David on this exciting new career opportunity client-side in Europe and we hope that his time in Asia-Pacific will add value to this new role.”
• To send feedback, e-mail amber.rolt@estatesgazette.com or tweet @AmberRoltEG or @estatesgazette
