Schroders appoints property investment head for France

The London-based asset manager has brought aboard Thomas Guyot who previously worked for French property companies connected to Caisse des Depots and Morgan Stanley Real Estate Investing.

Schroders, the London-based asset manager, has appointed Thomas Guyot as its head of property investment for France, the firm announced today.

Based in Paris and reporting to head of pan-European funds Tony Smedley, Guyot has been charged with leading but also developing further the firm’s property team in the country.

He will also be responsible for managing its existing property investments in the country. These sit within the firm’s pan-European funds, namely the listed European Real Estate Investment Trust (EREIT), a Swiss open-ended fund (Immobilien Europa Direkt) and the Schroders European Logistics Fund (SELF).

Guyot previously was head of commercial property for ICADE, a French-listed real estate company and subsidiary of Canadian institutional investor Caisse des Depots. He also previously worked for Compagnie la Lucette, a French REIT formerly controlled by Morgan Stanley Real Estate Funds in Paris.

Smedley said: “Growing our Continental European capability is a key part of our business strategy and Thomas will be developing the French business from our Paris office, with an initial focus on origination for our funds in their investment phase.”

Schroders managed £10.5 billion (€12.4 billion; $15.9billion) of gross property assets as at 31 March 2013.