Pertti Vanhanen joins Cromwell as managing director, Europe

Cromwell Property Group has announced that Pertti Vanhanen has been named managing director, Europe.

As a member of the group leadership Team, Vanhanen will be responsible for Cromwell’s European platform which manages €3.5 billion ($4.2 billion) of real estate encompassing 160 assets and 2,300 tenants. The platform comprises more than 210 people in 17 local offices across 11 different countries.

Vanhanen will be based in London and takes over from Mark McLaughlin, who will leave the business after 20 years, the past four in the role of managing director, Europe. McLaughlin will leave at the end of March, ensuring a smooth handover with Vanhanen.

Vanhanen has more than 30 years’ experience in the real estate industry, most recently as global co-head of real estate at Aberdeen Standard Investments.