AEW, one of the world’s leading real asset investment and asset managers[1], announces the appointment of Jeffrey King as Fund Manager of EUROCORE (“the Fund”)[2], AEW’s leading open-ended pan-European core fund.
Jeffrey, who will be based in Frankfurt, will lead the management of EUROCORE working alongside Christina Ofschonka and the wider fund team. He will have overall responsibility for fund strategy, portfolio construction and client relationships. As previously announced, Christina has been promoted to Head of AEW Germany effective from November this year and will work closely with Jeffrey during the transition period and beyond.
EUROCORE was established in 2020 to capitalize on the changing demand for real estate being brought about by urbanisation, demographic changes and the rise of new technologies in Europe’s major cities. The Fund has raised €527.5mn to date and comprises a portfolio of assets diversified across logistics, life sciences and the living sector in seven countries (France, Germany, Austria, Italy, the Netherlands, Denmark, and Spain)[3], providing investors with income stability thanks to the selection of strong and recognised tenants.
ESG is central to EUROCORE’s investment and asset management processes, with the portfolio focused on certified assets and the creation of sustainable environments. The Fund is aligned with the UN Sustainable Development Goals and achieved a 5-star GRESB rating in the 2023 assessment.
Jeffrey has over 15 years’ experience in the European real estate industry and joins AEW from DWS where he was Head of Portfolio Management for residential strategies. Prior to that he spent over seven years at Aviva Investors as Fund Manager of its pan-European open ended core fund Encore+. Jeffrey also spent five years at CBRE in the valuations team. He has an MBA from York University Toronto, and a Diploma in Property Investment from the University of Reading.
Source: Press release on 25 Jan