Stoneweg has appointed Josselin Granier to launch a pan-European retail investment vertical.
The new strategy, which is targeting €1bn of assets under management, will have an initial focus on Europe, with an emphasis on asset transformation and tenant mix optimisation to drive long-term income sustainability. Asset selection will be focused on grocery anchored shopping destinations and retail park clusters.
Granier has more than 15 years of experience in the European retail real estate investment, asset management and redevelopment sectors and most recently served as group real estate director at Louis Delhaize Group and a board member at Galimmo Real Estate – part of the Louis Delhaize Group.
Granier said: “Retail real estate is entering a new cycle, driven by transformation, selectivity and operational intensity. This partnership is about developing a scalable platform combining capital allocation, asset management, and operational capabilities, that can capture these opportunities with discipline, speed and conviction.”
Mark McLaughlin, CEO of real assets at Stoneweg, added: “Rebased rents, strengthened tenant sales and high initial yields, married with the right expertise and execution capabilities, are underpinning a compelling risk‑adjusted return outlook for select European retail assets. This initiative is designed to leverage Stoneweg’s institutional platform, capital base and entrepreneurial DNA, while benefiting from Josselin’s deep sector knowledge and hands-on approach to retail real estate. This will allow us to accelerate the creation of a best-in-class European retail vertical within the Stoneweg group.”
