PR90414

NEW YORK and LONDON and TORONTO and TOKYO, July 1, 2021 /PRNewswire=KYODO JBN/ --

BentallGreenOak (BGO), a global real estate investment management advisor,

today announced the appointment of John Carrafiell to co-CEO and member of the

Board of Directors for BentallGreenOak, effective July 1, 2021. John joins

Sonny Kalsi as co-Chief Executive Officer, and alongside Amy Price, president

of BGO, the three leaders will form the firm's Global Executive Team.

"I am excited for the opportunity to work with our team across

BentallGreenOak's global real estate investment management and services

platform, and honored to co-lead our team into the future alongside Sonny, Amy

and the rest of our global leadership team," said John Carrafiell, co-CEO of

BentallGreenOak. "Our business is only becoming more global - with

unprecedented secular trends driving investment strategies across markets and

clients increasingly looking for global solutions. By unifying our global

executive team, we are further positioning BGO to be in lock-step with this

evolution."

John will be based in the U.S. with global responsibilities as co-CEO, while

continuing to oversee BGO's European business. Based in Europe since 1989, John

co-founded GreenOak Real Estate (GreenOak) in 2010, which grew to $12B (USD) of

assets under management with investment management activity in 10 countries.

Following the merger of GreenOak and Bentall Kennedy, in July 2019, to form

BentallGreenOak, John has served as Senior Managing Partner with oversight for

the firm's European Business.  

"John's appointment to co-CEO of BentallGreenOak is a natural progression and

important step forward for the firm," said Steve Peacher, Chairman of the Board

for BentallGreenOak and President of SLC Management, the alternatives asset

management business of Sun Life and majority owner of BentallGreenOak. "In just

two and a half years, BGO has grown substantially since the merger - from $47

billion to $62 billion (USD) in AUM - most significantly in the European

market. We are delighted to formally bring John's strategic insights and

leadership to BGO's global platform and welcome him to the board as co-CEO."

"John and I have worked together for over 25 years and I'm eager to begin this

new chapter in our firm's future alongside him as co-CEO," said Sonny Kalsi,

co-CEO of BentallGreenOak. "Since joining forces as co-founders of GreenOak

Real Estate 11 years ago, John has led our European team, who have been

consistently ahead of the curve in building a pan-European debt business and

bringing an early, sharp focus on the logistics sector. BGO has become a market

leader in Europe under John's leadership and strategic direction."

"John's expanded leadership as co-CEO will extend the impact of his deep,

global investment management experience gained over his 34-year career," said

Amy Price, president of BentallGreenOak. "John is already bringing considerable

energy and insight to the global team's investment strategies across our Core,

Core Plus and Value Add platforms. "

About BentallGreenOak

BentallGreenOak is a leading, global real estate investment management advisor

and a globally-recognized provider of real estate services. BentallGreenOak

serves the interests of more than 750 institutional clients with approximately

$62 billion USD of assets under management (as of March 31, 2021) and expertise

in the asset management of office, industrial, multi-residential, retail and

hospitality property across the globe. BentallGreenOak has offices in 24 cities

across twelve countries with deep, local knowledge, experience, and extensive

networks in the regions where we invest in and manage real estate assets on

behalf of our clients in primary, secondary and co-investment markets.

BentallGreenOak is a part of SLC Management, which is the alternatives asset

management business of Sun Life.

The assets under management shown above include real estate equity and mortgage

investments managed by the BentallGreenOak group of companies and their

affiliates. As of 1Q21, BentallGreenOak changed its definition of Total AUM to

include certain uncalled capital commitments for discretionary capital until

they are legally expired and continue to exclude certain uncalled capital

commitments where the investor has complete discretion over investment.

For more information, please visit www.bentallgreenoak.com

SOURCE:  BentallGreenOak

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   Caption: John Carrafiell Appointed as co-CEO and Board Director for BentallGreenOak