Pertti Vanhanen has joined Cromwell Property Group as managing director, Europe. Vanhanen has over 30 years’ experience in the real estate industry, most recently as global co-head of real estate at Aberdeen Standard Investments.
He will be a member of Cromwell’s group leadership team and will be responsible for its European platform which manages a €3.5 billion property portfolio comprising 160 assets and 2,300 tenants. The platform has 210 staff in 17 local offices in 11 different countries.
Vanhanen will be based in London and takes over from Mark McLaughlin who will leave the business after 20 years, the last four in the role of managing director, Europe. McLaughlin will leave the business at the end of March.
Acting Cromwell CEO, Michael Wilde, commented, “Once Mark made his intentions known to us, we initiated an extensive, careful and considered search to find a suitable replacement.”