Invesco Real Estate (IRE) has appointed David Kellett as senior director – head of hotel transactions.
Kellett, together with Hans-Peter Hermann, senior director of hotel asset management, will be responsible for the IRE investments in the hotel real estate sector.
“We are very excited about this new addition to the Invesco Real Estate team,” said Andy Rofe, managing director and head of Europe at IRE. “Investor interest in the European hotel market is expected to increase in the coming years. With his experience and expertise, David will be instrumental in helping us identify promising hotel properties across Europe and conduct transactions across multiple risk categories and strategies.”
Kellett has more than 19 years of transaction experience, with a focus on the real estate and hospitality and leisure sectors over the past 14 years. Prior to joining Invesco, he held various senior management positions at InterContinental Hotels Group (IHG), including head of investor relations and, most recently, head of development for Europe. Before joining IHG, Kellett worked in investment banking for JP Morgan and Merrill Lynch.