Eastdil Secured, the global real estate investment bank and adviser, has appointed Jürgen Fenk as managing director.
Eastdil said the appointment had been made at a "pivotal moment for global real estate".
Fenk has more than 30 years of expertise in European investment banking and traditional real estate capital markets. Based out of the Frankfurt office, he will work closely with the firm’s Europe, the Middle East and Africa group as well as Eastdil Secured’s senior teams globally.
Most recently, he served as the chief executive officer of Primonial REIM, a French wealth and asset manager with €34 billion assets under management that specialises in real estate. At Primonial, he was directly responsible for the company’s strategic development, investor relations, business development, and financing.
He was also member of the group executive board at the SIGNA Group, a privately managed international investment and industrial holding company. He has held other management roles across Europe and the US at Helaba, Bawag PSK and HRE Group. Fenk has an MBA from Ludwig-Maximilian-University in Munich.
“At a time of economic instability, we are pleased to further enhance our EMEA team’s collective offering to ensure our clients continue to benefit from global, relevant, and differentiated advice,” said James McCaffrey, managing director and head of the European business at Eastdil Secured.
“Eastdil Secured has established itself as the premier and most trusted adviser in commercial real estate,” said Fenk. “This is a pivotal moment for the real estate industry, and I look forward to helping the firm’s clients identify value-creative solutions and achieve successful investment outcomes. The team-oriented organisation and global approach of Eastdil Secured is precisely what real estate investors and managers need to navigate the current unprecedented market environment.”
Headquartered in New York, Eastdil Secured, which is majority owned by Guggenheim Investments and Singapore-based Temasek, has offices across the US and internationally in Dubai, Dublin, Frankfurt, London, Milan, Paris, Hong Kong and Tokyo.