PATRIZIA hires new Belux Head of Asset Management with dual role

PATRIZIA has appointed Suzy Denys, effective 1 July, as its new Head of Asset Management for Belux (Belgium and Luxembourg) with additional responsibility of leading the Belgium country office and team.

Denys is to join PATRIZIA from Codabel, an investment and asset management company with a strong focus on French clients interested in the Benelux market. At Codabel she was Managing Director for the Netherlands and Head of Investments. Denys also sits on the Board of Home Invest Belgium as a non-executive, independent Director.

 
Reporting to both Mike Tyler, Head of Asset Management North-West Europe, and Peter Helfrich, Regional Head of South-West Europe (incl Benelux), she will oversee the PATRIZIA team in Belgium which manages 40 Belux asset with a value of around EUR1.7 billion, spanning over 485,000 sq m.
 
“Mike and I are very much looking forward to Suzy joining us in July. We are convinced that not only will she help us add sustainable value to our local asset portfolio but will help us tap into the huge investor appetite for Belux and drive our planned AuM growth in these markets,” says Peter Helfrich.
 
The PATRIZIA assets in Belux range from core to value-add in their risk profile and comprise predominantly offices and logistic sectors.
 
Recent notable transactions in Belux include the acquisition of the iconic Louise Tower in Brussels as part of a wider portfolio (EUR180 million), the Unival II building in Luxembourg (EUR52 million), the AIRE office building in Luxembourg City, as well as the Green Life residential complex in Brussels (EUR23 million).