Edmond de Rothschild REIM appoints Head of Loan Execution and Portfolio Management in real estate debt team
Edmond de Rothschild REIM has appointed Frédéric Soulié (45) as Director of the Real Estate Debt team in Frankfurt. Soulié, who is to join Edmond de Rothschild on 1 September, will be in charge of loan execution and portfolio management.
Soulié has more than 20 years' experience in real estate finance in the USA and Europe. Most recently he was Senior Fund Manager of the BNP Paribas European Real Estate Debt Fund and co-founder of the BNP Paribas Asset Management Real Estate Debt Team in Paris. Prior to this, he was Deputy Head of Real Estate Finance Germany at the Royal Bank of Scotland and held various senior functions in real estate finance at ABN Amro in the UK and Capmark in the USA.
Under the leadership of Ralf Kind Edmond de Rothschild has been working on the launch of its first pan-European high-yield real estate debt fund with a target volume of EUR300 million since Q4 2019. The Real Estate Debt Team, which is based in Frankfurt, is part of Edmond de Rothschild's pan-European Real Estate Investment Management (REIM) platform, which has over 130 staff working in Switzerland, France, Germany, Benelux and the UK. It has over EUR 10 bn of real estate assets under management.
The appointment of Frédéric Soulié is a logical continuation of the expansion of the new Real Estate Debt Team. In March 2020, Dr Bernhard Scholz, formerly a member of the management boards of the Deutsche Pfandbriefbank and the Münchener Hypothekenbank, was appointed as an independent advisor and member of the Investment Committee of Edmond de Rothschild REIM (Germany).
Ralf Kind, Head of Real Estate Debt at Edmond de Rothschild REIM, says: "With Frédéric, we have been able to gain a very experienced credit expert for our Real Estate Debt team. He will provide us with significant support, particularly in the area of pan-European investment strategy. We are not burdened by any pre-corona credit exposure, and the economic environment, not least the continuing withdrawal of banks from commercial real estate financing, provides excellent growth opportunities for our real estate debt investment strategies in the coming years".