Senior retail asset manager Sabri Marsaoui, who previously worked for the likes of Capital & Regional and Crosstree Real Estate Partners, has launched his own asset and development business.
Blackstar Real Estate will partner with private equity firms, institutional investors, family offices and local authorities to deliver “value enhancement and transformational change” to town centres, shopping malls, retail parks and mixed-use schemes.
The company has already secured its first two asset management mandates and has others in the pipeline.
Marsaoui has two decades of experience in the real estate sector and has worked with several investment companies and managing agents including St Modwen, Praxis Real Estate Management and JLL.
Marsaoui said: “Given the ever-improving investor sentiment for real estate and retail property in particular, this is the perfect time for a new asset/development manager with a clear purpose to come into the market. Our mission is to create, deliver, and enhance sustainable town centre destinations on behalf of our investors. Our bespoke service is tailored to each individual project, reflecting the specific needs of the asset and the ambitions of our clients.”
