The manager of IReit Global said on July 4 that it has picked Mr. Peter Viens to be its new chief executive, following the departure of current CEO Louis d'Estienne d'Orves. Mr. d'Estienne d'Orves, who has been CEO of the manager since 2020, will assume a senior role in Tikehau Capital, one of IReit's joint sponsors, and move to Asia. Mr. Viens, the incoming CEO, is now a fund manager at Sofidy -- a European real estate asset manager, which is part of the Tikehau Capital group.

He has been with Sofidy for more than seven years, managing real estate investments surpassing EUR500 million (S$731 million) in value. Before that, he held senior roles in corporate real estate departments for major institutions, including multinational companies and a global financial institution. He has more than 20 years of experience in the real estate sector, including extensive experience in real estate management.