Grainger has expanded its German management team with the appointment of Sebastian Cave as joint managing director of Grainger Deutschland.
The appointment follows the company’s recently announced partnership with global real estate investment firm Heitman to invest in German residential property.
Cave, who will work alongside Peter Brock, will be based in Grainger’s German head office in Frankfurt. He previously held the position of director of corporate development at Grainger, based in London.
Brock and Cave will be jointly responsible for Grainger’s German business.
Andrew Cunningham, chief executive of Grainger, says: “We have considerable confidence in the German residential market, and we are committed to driving performance in our German business and to leveraging our very strong German asset management platform to explore opportunities for future growth. Sebastian’s appointment as Joint Managing Director, working alongside Peter Brock, will strengthen our management team in Germany at this important point in the evolution of our business.”