UBS makes hire in Europe

The Swiss bank’s real estate business has appointed a head of acquisitions in the Benelux region, Ward van de Braak.

UBS Global Asset Management has appointed Ward van de Braak as head of real estate acquisitions and dispositions in Belgium, Netherlands and Luxembourg.

Van de Braak joins from Netherlands-based listed property investment firm Vastned where he led real estate acquisition and disposals for the firm’s office and industrial fund . Prior to that, van de Braak he worked for Jones Lang LaSalle in Amsterdam.

Commenting on his appointment, Peter Roehrenbach, UBS’s head of real estate acquisitions and dispositions in Europe, pointed to Van de Braak’s long track record and experience in the Dutch real estate sector as the reason for the hire.

UBS’s global real estate business is headed up by Paul Marcuse. It has a European, Asia Pacific and US business.