Pertti Vanhanen joins Cromwell as Managing Director, Europe

Real estate investor and manager, Cromwell Property Group (Cromwell) has today announced that Pertti Vanhanen has commenced in the role as Managing Director, Europe. As a member of the Group Leadership Team, Mr Vanhanen will be responsible for Cromwell’s European platform which manages EUR 3.5 billion of real estate encompassing 160 assets and 2,300 tenants. The platform comprises over 210 people in 17 local offices across 11 different countries.

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

Acting Cromwell CEO, Michael Wilde, commented, “Once Mark made his intentions known to us, we initiated an extensive, careful and considered search to find a suitable replacement.”

“We are delighted to have found a successor with the right credentials and experience to leverage the strong foundations Mark has put in place. I’m delighted to welcome Pertti to Cromwell,” said Wilde.

Pertti Vanhanen, Cromwell’s new Managing Director, Europe said: “This is a fantastic opportunity to further grow an operationally robust platform that has successfully dealt with all of the challenges COVID-19 has so far presented. Vanhanen has over 30 years’ experience in the real estate industry, most recently as Global Co-head of Real Estate at Aberdeen Standard Investments.