Savills Investment Management has promoted Juan Miguel Marinas to Head of Asset Management.
Juan Miguel will take on his new role in addition to his current responsibilities as Director of Asset Management for Spain & Portugal.
Reporting to Kiran Patel, Global CIO and deputy CEO, Juan Miguel will be responsible for asset management operations across the business, including management of key service providers such as property managers, as well as overseeing the integration of both ESG and technology into the asset management business.
Savills IM said Juan Miguel brings a wealth of broader asset management experience to his new role, having spent four years in his role as Director of Asset Management, Spain & Portugal, as well as over a decade as Director of Asset Management at Zaphir Asset Management. Miguel has also worked for Coperfil Real Estate Group, a developer of logistics-related spaces.
Juan Miguel Marinas, Head of Asset Management, Savills IM commented:”I am excited to be taking on these new responsibilities in addition to my current role. Asset management operations hold an increasingly important role in the real estate investment industry. The acceleration of long-term trends brought about by the pandemic have necessitated a rapid evolution within the sector, and I look forward to working with the team to incorporate the ESG, regulatory and risk management requirements demanded by both clients and wider society/ society as a whole.”
Kiran Patel, Global CIO and Deputy CEO, Savills IM, added: ”We are thrilled to appoint Juan Miguel to this newly created role. His promotion will help us strive for greater standardisation, efficiency, coordination and quality of execution across countries in the many facets of asset management as we continue to support growth.”