JLL strengthens its investment coverage across CEE
Tom Devonshire-Griffin will become Head of Capital Markets in Central & Eastern Europe
JLL has today announced changes to it CEE organisational structure to further enhance its market-leading investment expertise in this region. This comes in response to the improving real estate market sentiment, where there are numerous opportunities for companies to move from managing current risks to influencing the market’s future.
The structural changes will be based on a multi-geographical approach and will draw upon the business’ in-depth knowledge and experience of exchanging information between global, regional, and local teams.
Tom Devonshire-Griffin will become Head of Capital Markets in Central & Eastern Europe, which includes teams based in Poland, the Czech Republic, Hungary, Romania, and Slovakia. Tom brings over 20 years of capital markets experience as well as a strong background in debt and equity from his time as Country Head of CIS / Russia, and most recently as our Head of Capital Markets in India. He was also based in Prague between 2004 - 2008. In his new role Tom will work closely with both CEE and EMEA leadership, and will take over from Mike Atwell, who – after four years of heading up the CEE capital markets team - will return to London to take up a senior position in the EMEA Industrial & Logistics investment team.
Tom Devonshire-Griffin, Head of Capital Markets in Central & Eastern Europe, JLL, commented: “I look forward to taking on this role as we look to capitalize on the market conditions in the region. Having headed up teams in Russia and India, my experience should bring value to this already well-performing team. Mike has done a fantastic job and I wish him all the best as he takes on his new position in the Industrial and Logistics team.”
Promotions in Capital Markets, Central and Eastern Europe
With H1 total real estate transactional volumes exceeding EUR 2.5 billion, Poland is a key investment destination in Central and Eastern Europe. Led by Tomasz Puch (Head o Capital Markets and the member of the Poland Management Board), the Polish region also plays an important part in JLL’s enhanced operational structure, which is reflected in the current promotions aimed at closer sector cooperation with both clients and the company’s CEE and EMEA teams.
Marcin Sulewski has been promoted to Head of Office Investment for Poland, advising both office developers and funds on long-term investment strategies and expansion plans. Marcin has 16 years’ experience in strategic investment and valuation advisory in commercial real estate. He has gained cross-sector investment experience having participated in office, retail, as well as logistics transactions worth in excess of EUR 5 billion.
Sławomir Jędrzejewski has been appointed the Head of Industrial Investment Poland and is responsible for enhancing JLL's advisory services to logistics developers and funds. He brings 16 years’ experience in real estate to this role, gained predominantly in the logistics and office sectors. Since joining JLL, Sławomir has been involved in ca 30 industrial portfolio transactions comprising more than 5 million sqm of modern logistics space, worth a total of approx. EUR 3 billion. Overall Sławomir supported deals totaling over EUR 7 billion.
One aspect of the new investment model in the CEE region is a focus on driving the connectivity and operations of thecapital markets business. This responsibility is being taken on by Silviana Petre Badea, who becomes Deputy Head of CEE Capital Markets while continuing her role as country head of Romania. Silviana will work closely with Tom, focusing on operations, and will drive collaboration around business development, client, and capital intelligence as well as in the consistency of cross-selling between teams across the region. She will continue to contribute to the broader business via her role as a member of the EMEA Capital Markets Strategy Committee.
Matthew Richards, Capital Markets CEO, EMEA commented: “I am pleased with the announcement of new appointments and promotions within our CEE business, which will strengthen our overall Capital Markets business across EMEA. JLL has the knowledge, the resources and the right culture to be a strong and smart partner not only in supporting our clients today, but also in planning for the future and building the foundation for the next period of market growth. I wish Tom, Mike, Silviana, Marcin and Sławomir all the best in their new roles.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 91,000 as of March 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.