Panattoni has hired Jack Franklin from PGIM Real Estate as a director in the firm’s UK capital markets team.
Franklin has 12 years’ experience in the real estate sector, and most recently served as a vice president at PGIM Real Estate where he focused on the origination, structuring and execution of value-add debt transactions.
In his new role in Panattoni’s UK capital markets team, he will focus on the capitalisation and transaction management of projects throughout the UK.
Franklin will be based in the company’s London office and will work with Nick Cripps, executive director of European capital markets.
Cripps said: “Jack will be a valuable asset to the business and we’re very pleased to have him on board. We are expanding the capital markets team in response to a maturing logistics market and the compelling opportunities that we are seeing following the cyclical reset.
“We are looking to deepen and diversify our investor base and, with the establishment of new investment offerings, are seeking to take advantage of these opportunities as we strongly believe it to be an attractive point in the cycle to develop and invest within the sector. Jack will help manage existing and new investor relationships with a focused push on UK capital and he will play a key role in the structuring of capital solutions across the capital stack.”
Franklin added: “After six highly enjoyable years at PGIM, I am delighted to be joining Panattoni at this exciting point in the company’s growth cycle. I am looking forward to applying my transactional and structuring experience to the UK logistics sector against the backdrop of a thriving occupational and repriced investment market. There are significant opportunities for attractive development returns from smart capital deployment into the sector and I am excited to work with existing and new capital partners in unlocking these.”
