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Patrizia hires PGGM’s Bootsma to aid European growth

Wolfgang Egger, Patrizia’s chief executive, says Bootsma’s experience at one of Europe’s largest institutional investors will be of “immense benefit” to his firm’s European capital markets team. 

Patrizia Immobilien, the Augsburg-based real estate investment manager, has appointed Dirk Bootsma as director of international capital markets for Europe as the firm looks to expand its expansion in the region.

Bootsma, who has more than 13 years’ experience in European real estate investment management, has joined Patrizia from Dutch pension manager PGGM.

Patrizia said Bootsma’s would be based out of its Amsterdam office and his primary responsibility would be to focus on business development across Europe.

Prior to joining Patrizia, Bootsma spent five years working at the €205 billion Dutch pension giant. His most recent role, which he began in January, was as director of private real estate investments but he also held positions including senior investment manager. Before his time at PGGM, Bootsma also worked in senior executive roles at CBRE Global Investors, ING Real Estate Investment Management and Deloitte Real Estate.

Patrizia chief executive Wolfgang Egger said Bootsma’s wealth of experience from working at one of Europe’s largest institutional investors would be of “immense benefit” to the firm’s European capital markets team.

“Patrizia partners with more than 200 institutional investors, the majority of which are invested in multiple products,” said Egger. “Patrizia is a name which inspires trust among investors, especially across Europe, and I expect that Dirk’s appointment will deepen that trust and help us extend our investor base,” Egger added.

Over the last 12 months Patrizia has been growing its global real estate team, with hires in Europe, North America and Asia. The most significant of these appointments was the April recruitment of AXA Investment Managers – Real Assets’ former global head of asset management and transactions, Anne Kavanagh, who was hired as chief executive officer. Kavanagh also joined the firm’s management board alongside Egger; Karim Bohn, chief financial officer; and Klaus Schmitt, chief operating officer.