Standard Life Eyes UK CRE with Hire
Neil Odom-Haslett will join Standard Life Investments as head of commercial real estate lending in August, according to a company press release.
Odom-Haslett will lead Standard Life Investments' entry into the U.K. commercial real-estate market. He will be responsible for all aspects of the Standard Life Investments commercial real estate lending platform with a focus initially on good quality senior secured loans in the U.K.
He will report to David Paine, head of real estate investments and will be based in London.
Odom-Haslett has 31 years of experience in commercial real estate and corporate lending developed across a broad range of roles both in the UK and across other European markets.
He joins Standard Life Investments from Deutsche Pfandbrief Bank.
"The real estate lending market across Europe is continuing to experience a structural shift as non-bank lenders increase their market share in seeking to address the imbalance between supply and demand for real estate debt, said Paine in the press release. “This development has been fuelled by growing interest from institutions in the asset class as they look to further diversify their fixed income and real estate portfolios whilst maintaining and often enhancing yields and risk adjusted returns.”