Clarion Partners Europe, the real estate investment manager specializing in logistics and industrial assets across Europe, has announced that managing director Rory Buck will succeed CEO Alistair Calvert upon his retirement from the business in 2027.
Calvert will remain CEO on a full-time basis for a transition period of at least six months, continuing to play an active role in client relationships, strategic initiatives and investment decisions.
With a principal focus on European logistics and net-lease assets, Clarion’s €3.2 billion ($3.58 billion) European platform forms an integral part of its approximately €40 billion ($44.79 billion) global industrial business. Calvert founded what was then Gramercy Europe in 2006 and has served as CEO of the platform since Clarion Partners’ acquisition in 2019. Buck joined Calvert in 2016. Under Calvert’s leadership, the business has raised and managed seven funds since i
