CBRE appoints EMEA property investment banking head

CBRE Capital Advisors has appointed Citigroup’s Julian Allen as executive director and head of real estate investment banking across EMEA.

At Citigroup Allen was managing director and head of the EMEA real estate and lodging group since 2014.

Allen, who begins his new role in September, has over 20 years’ experience working in real estate corporate finance in both London and New York. He succeeds Tim Ryan and will be responsible for the continued expansion of CBRE’s Real Estate Investment Banking team across EMEA. He will also have executive responsibility for CBRE’s equity placement and PropertyMatch businesses in the UK.

Among recent deals, CBRE’s Real Estate Investment Banking team advised Digital Realty on the €500m sale of their operational, pan-European Data Centre portfolio to Singapore’s Ascendas REIT. The team forms part of CBRE Capital Advisors’ wider corporate finance capability.