Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, July 01 2021 - 22:00
AsiaNet
John Carrafiell Appointed as co-CEO and Board Director for BentallGreenOak
NEW YORK and LONDON and TORONTO and TOKYO, July 1, 2021 /PRNewswire-Asianet/ --

BentallGreenOak (BGO), a global real estate investment management advisor, 
today announced the appointment of John Carrafiell to co-CEO and member of the 
Board of Directors for BentallGreenOak, effective July 1, 2021. John joins 
Sonny Kalsi as co-Chief Executive Officer, and alongside Amy Price, president 
of BGO, the three leaders will form the firm's Global Executive Team. 

"I am excited for the opportunity to work with our team across 
BentallGreenOak's global real estate investment management and services 
platform, and honored to co-lead our team into the future alongside Sonny, Amy 
and the rest of our global leadership team," said John Carrafiell, co-CEO of 
BentallGreenOak. "Our business is only becoming more global - with 
unprecedented secular trends driving investment strategies across markets and 
clients increasingly looking for global solutions. By unifying our global 
executive team, we are further positioning BGO to be in lock-step with this 
evolution."

John will be based in the U.S. with global responsibilities as co-CEO, while 
continuing to oversee BGO's European business. Based in Europe since 1989, John 
co-founded GreenOak Real Estate (GreenOak) in 2010, which grew to $12B (USD) of 
assets under management with investment management activity in 10 countries. 
Following the merger of GreenOak and Bentall Kennedy, in July 2019, to form 
BentallGreenOak, John has served as Senior Managing Partner with oversight for 
the firm's European Business.  

"John's appointment to co-CEO of BentallGreenOak is a natural progression and 
important step forward for the firm," said Steve Peacher, Chairman of the Board 
for BentallGreenOak and President of SLC Management, the alternatives asset 
management business of Sun Life and majority owner of BentallGreenOak. "In just 
two and a half years, BGO has grown substantially since the merger - from $47 
billion to $62 billion (USD) in AUM - most significantly in the European 
market. We are delighted to formally bring John's strategic insights and 
leadership to BGO's global platform and welcome him to the board as co-CEO." 

"John and I have worked together for over 25 years and I'm eager to begin this 
new chapter in our firm's future alongside him as co-CEO," said Sonny Kalsi, 
co-CEO of BentallGreenOak. "Since joining forces as co-founders of GreenOak 
Real Estate 11 years ago, John has led our European team, who have been 
consistently ahead of the curve in building a pan-European debt business and 
bringing an early, sharp focus on the logistics sector. BGO has become a market 
leader in Europe under John's leadership and strategic direction."

"John's expanded leadership as co-CEO will extend the impact of his deep, 
global investment management experience gained over his 34-year career," said 
Amy Price, president of BentallGreenOak. "John is already bringing considerable 
energy and insight to the global team's investment strategies across our Core, 
Core Plus and Value Add platforms. "

About BentallGreenOak 

BentallGreenOak is a leading, global real estate investment management advisor 
and a globally-recognized provider of real estate services. BentallGreenOak 
serves the interests of more than 750 institutional clients with approximately 
$62 billion USD of assets under management (as of March 31, 2021) and expertise 
in the asset management of office, industrial, multi-residential, retail and 
hospitality property across the globe. BentallGreenOak has offices in 24 cities 
across twelve countries with deep, local knowledge, experience, and extensive 
networks in the regions where we invest in and manage real estate assets on 
behalf of our clients in primary, secondary and co-investment markets. 

BentallGreenOak is a part of SLC Management, which is the alternatives asset 
management business of Sun Life.

The assets under management shown above include real estate equity and mortgage 
investments managed by the BentallGreenOak group of companies and their 
affiliates. As of 1Q21, BentallGreenOak changed its definition of Total AUM to 
include certain uncalled capital commitments for discretionary capital until 
they are legally expired and continue to exclude certain uncalled capital 
commitments where the investor has complete discretion over investment.

For more information, please visit www.bentallgreenoak.com

SOURCE:  BentallGreenOak

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