IREIT Global names Peter Viens as new CEO

Louis d’Estienne d’Orves has stepped down as CEO to take on a non-executive director role.

IREIT Global, a Europe-focused real estate investment trust managed by IREIT Global Group Pte. Ltd., has appointed Peter Viens as its new chief executive officer, effective 5 November.

He replaces Louis d’Estienne d’Orves, who has stepped down as CEO to become a non-executive director on the board.

Viens brings over 20 years of experience in the real estate sector to the role. He was most recently a fund manager at Sofidy, a European real estate asset manager within the Tikehau Capital group, where he successfully managed investments valued at over €500m. His extensive background includes senior positions in corporate real estate for multinational companies and global financial institutions.

“Still based in Paris, France, I remain close to the investment properties and local markets so that IREIT can continue to stay nimble and capitalise on the extensive network and expertise of our joint sponsors, Tikehau Capital and City Developments Limited,” said Viens.

“Our immediate goal is to improve the occupancy rate of IREIT’s assets and ensure smooth execution of Berlin Campus repositioning,” he added.

Additionally, IREIT has appointed Emilio Velasco as chief investment officer (CIO) to assist Viens in overseeing the investment and asset management functions. Velasco was recently promoted to co-head of Real Estate Acquisition at Tikehau Investment Management, maintaining his role as head of Real Assets Iberia.