International property fund manager Cordea Savills has appointed Nick Hayward as director of Institutional Business, a role he first held from 2005 to 2008.

Hayward joins Cordea Savills from JP Morgan Asset Management, where he was a client portfolio manager for real assets in Europe. Prior to this, he was a director and joint founder of property start-ups Corpnex, a serviced office company, and Tecient, a retail property asset manager.

'We welcome Nick back as a valued member of our senior team,' said Justin O’Connor, CEO of Cordea Savills. 'With his experience in property fund management and strong track record in serving our investors and raising new capital, Nick will play an important role in driving the growth of the business.'