Berlin-based Catella Residential Investment Management (CRIM) has appointed residential research expert Dr. Lars Vandrei to its research unit, as of 1 September.
Vandrei has almost 10 years of experience in residential real estate research and served most recently as Associate Director Research Residential Germany at advisor Colliers.
Prior to that, he worked for many years at the German ifo Institute Leibniz Institute for Economic Research and as an economics lecturer at the Technical University of Dresden where he completed his degree.
Michael Fink, managing director CRIM, said: 'We are pleased to welcome Dr. Lars Vandrei, a proven residential real estate specialist with a wide-ranging network and economic as well as quantitative skillsets.
'With his strong understanding of the industry, he will further advance CRIM’s research expertise by working closely with our Artificial Intelligence (AI) team and helping to shape the further development of our strategies through the integration of climate data.'
Added Vandrei: 'I am pleased to join Catella Residential Investment Management’s dedicated and successful team and look forward to the challenges ahead.
'My many years of experience in residential real estate research will provide a sound basis for helping to achieve the company's targets within Catella's European network.
'The company has over €7 bn of assets under management across Europe and faces more economic questions than ever. I am sure I will be able to make a contribution to further developing CRIM’s research expertise in this area.'