Asset management giant Axa Real Estate has appointed Riccardo Dallolio as its new European head of transactions.

In his new role Dallolio will oversee all transactional activity in Europe and be responsible for sourcing and securing new pan-national deals with the help of local experts.

Dallolio joins Axa from Grove International Partners, where he spent six years as a partner in its real estate division.

Axa's real estate arm holds more than EUR 40 bn of assets under management and operates in 22 countries.