Morley’s strong growth in European property spurs new hires

Morley, now the world's largest manager of European property assets, has made four new hires and promoted its Head of European Property on the back of 50% growth in funds under management in the region.

Over the last year Morley launched four new European and global property funds and is now partnered with six of Europe’s leading real estate companies across those funds.

In continental Europe, Morley now manages eight funds that own 64 properties across 13 countries and has over €3 billion of funds under management. Over the last year Morley managed funds acquired 34 new commercial properties in ten countries across continental Europe.

Ben Stirling, Head of European Property has been promoted to Morley’s Property Executive – the senior management team responsible for managing Morley’s €44 billion of property funds under management.

The four new people joining Morley’s European property team to support the expansion in Europe are: Robert Wood as Fund Manager, Andreas Von Gossler as Acquisitions Manager, Lorenzo Segre as Asset Manager and Matthew Hills as Acquisition Analyst.

Ian Womack, Managing Director Property, Morley commented: “Our European property business on the continent is growing. Ben’s promotion and the continued hiring of new people for our team are a reflection of Morley’s strong commitment to the region and our many partners on the continent. It also reflects the success Ben has had in leading this part of our business – last year the team delivered an excellent 17.8% return across our European property funds.

Ben Stirling, Head of European Property, Morley added: “Morley’s size and ambitions in Europe come from demonstrably strong performance and by being one of the most innovative creators of property funds and services in the market. We expect further growth this year and are experiencing continued demand for European property from investors in the UK and across Europe. I am pleased to welcome Robert, Lorenzo, Matthew and Adreas to the team and look forward to working with them to maintain our positive momentum in the region.