Boreal IM recruits Ruiz from Mileway as VP

By
BE News Team

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Pan-European real estate investment manager Boreal IM has recruited Johana Ruiz from Mileway as vice president.

At Mileway, Ruiz, who has more than 15 years’ development and asset management experience, oversaw the development and project management of Blackstone’s logistics platform in France.

In her new role, she will support the development and project management of a 900,000 sq m+ portfolio of standing assets and 200,000 sq m of developments in the UK, Spain, France, Germany, the Netherlands and Italy. 

The portfolio, which is currently valued at €1.3bn, is a joint venture between Boreal IM and Ontario Teachers’ Pension Plan.

Peter Bingel, partner at Boreal IM, said: “Johana adds great strength and depth to a team that is already highly experienced, diverse and versatile, with proven expertise in construction, refurbishment and industrial and logistics asset management. Hands-on value creation is a central feature of our investment strategy, whether that be through development and refurbishment, targeted capex programmes, or ESG improvements, and Johana will play an important role in this.”

Ruiz added: “Boreal has developed a market-leading reputation in the space of two years in the European logistics market. I look forward to bringing my experience in green real estate development, helping to drive sustainable and long-term value for our investment partners.”

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