Crossbay hires Delin’s Ryan to oversee growing portfolio

Last-mile logistics property specialist Crossbay has hired Delin Property’s Ben Ryan as its new head of asset management, overseeing a rapidly growing portfolio of about 500,000 sq m.

At Delin, Ryan was also head of asset management, responsible for a portfolio of big-box warehouses in Spain, the Netherlands and UK.

Prior to Delin Property, Ryan held senior asset management roles at both Praxis Real Estate and Topland Group. He was also previously director in ING’s real estate investment management division.

Crossbay was launched in May 2020 by private equity property investment manager Mark, formerly Meyer Bergman, and is designed to enable institutional investors increase their exposure to last mile logistics.

Crossbay focuses on single-user distribution centres in locations no more than 90 minutes from the centre of the nearest city.