Peter De Haas |
De Haas will head the new Rotterdam, Netherlands office, spearheading efforts to create property derivatives in a number of select countries along with creating funds in Europe and other major international markets.
"It's very much a hot issue for investors to diversify out of the U.K. or indeed from other parts of Europe into the U.K.," says Iian Reid, chief executive of Protego. "This was part of the development plan we started in April of '04 and was part of the original vision and business plan."
De Haas, who will work closely with Reid and the rest of the team in London, was formerly a director at PGGM, a Dutch pension fund for social and healthcare workers, where he worked for 15 years. He is a fellow at the Dutch Amsterdam School of Real Estate and a member of the Royal Institute of Chartered Surveyors.
"We've known him for years on the buy side," says Reid. "He's knowledgeable about international property markets, not just including Europe. It's important for us to be alert as to what's going on in the Far East. His knowledge of the main players in the industry makes him the ideal person to develop the business for us outside of the U.K."