Real estate investor and fund manager, Cromwell Property Group (Cromwell) has appointed Florian Hoyndorf as Head of Development for Europe. Florian joins the European real estate management team and will oversee all development and project management activity in Europe.
With more than 20 years of real estate development experience, Florian joins from LOGISTA Group where he spent three years as head of real estate and construction, responsible for all aspects of its real estate portfolio. Prior to this, he was a real estate transaction and asset manager at Amazon and Aldi, where he was involved in the acquisition and construction of large-scale warehouses, last mile facilities and retail outlets.
Responsibilities in this newly created role will include identifying, assessing and delivering the development projects within Cromwell’s existing managed portfolio. Additionally, Florian will be focused on further building the pipeline through the development growth strategy within the business and with our investment partners across the group.
Cromwell’s development pipeline in Europe currently consists of 24 projects across nine different countries, all at various stages of assessment, planning and construction.
Chris Hansen, Cromwell’s Group Head of Development, commented: “As yields continue to tighten across some of the better performing real estate sectors, value-add and development strategies provide some investors with the higher returning investment they require.”
“We have already identified a number of exciting opportunities across our platform that we believe will add value and look forward to having Florian and the development team successfully delivering these and the returns to our investors.”
Florian Hoyndorf, Head of Development, Europe added: “I am delighted to be joining Cromwell which has a long track record of value-add activities across the group. I’m excited to work closely with Chris and the European team to crystallise these opportunities as well as identifying new possibilities.”
Florian holds a masters degree in Architecture and Urbanism from the Universitat Politécnica de Cataluña Barcelona and a graduate degree in Architecture from the University of Applied Sciences Hamburg.