Cromwell appoints head of development, Europe

Cromwell Property Group has appointed Florian Hoyndorf as head of development for Europe. Hoyndorf joins the European real estate management team and will oversee all development and project management activity in Europe.

With more than 20 years of real estate development experience, Hoyndorf joins from LOGISTA Group, where he spent three years as head of real estate and construction, responsible for all aspects of its real estate portfolio. Prior to this, he was a real estate transaction and asset manager at Amazon and Aldi, where he was involved in the acquisition and construction of large-scale warehouses, last-mile facilities and retail outlets.

Chris Hansen, Cromwell’s group head of development, said, “As yields continue to tighten across some of the better-performing real estate sectors, value-add and development strategies provide some investors with the higher returning investment they require.

“We have already identified a number of exciting oppo