Commercial property finance specialist LNR Partners Europe has appointed Derek Rich as its new director of investment management and business development.

Rich has over 13 years of experience in the commercial real estate and CMBS industry, of which eight years have been spent in the European Commercial Real Estate debt capital markets where he served as a founding member of Deutsche Bank's commercial real estate and DECO CMBS platform in Europe and, subsequently, as head of distribution for commercial real estate products for UBS.

Prior to moving to Europe, he worked for Deutsche Bank and Goldman Sachs in New York focused on CMBS loan origination and syndication.

Rich will report to Matthias Schlueter, COO and managing director and will be assisting in expansion of LNR's loan and asset services platform across Europe.

LNR Partners Europe is part of the group owning Hatfield Philips, the largest independent Primary and Special Servicer in Europe.