Business Management People on the Move
ProLogis Expands Roles Within Global Investment Management Group
July 17, 2008

ProLogis has made two appointments for leadership of its Global Investment Management group. Ralf Wessel has been appointed as managing director of Global Investment Management with responsibility for the creation and strategy of new funds and property fund investor relations. Most recently, he was the senior vice president of European Fund and Capital Markets with responsibilities for the management of the European funds and the related assets. Prior to joining ProLogis, Wessel worked with Equity Estate, where he was responsible for initiating and structuring new investment vehicles for international investors. To succeed Wessel, Simon Nelson has been appointed as senior vice president of Fund Management and Acquisitions in Europe and head of Asset Management for ProLogis European Properties. Nelson joined ProLogis in 2001 with initial responsibility for investment acquisitions in southern Europe. Most recently, he has been responsible for European acquisitions and dispositions while coordinating independent portfolio valuations. Prior to joining ProLogis, Simon was a partner and investment director at DTZ in France, covering all aspects of commercial real estate investment.

 
Recent People on the Move Headlines
Jerry Fults Fults to Start New Firm in Dallas
Despite a flat Dallas real estate market, Tracy Fults took a leap of faith in the creation of his new real estate firm of Fults Commercial, following in the footsteps of his late father and one-time mentor Jerry Fults
McNally Joins Colliers Meredith as Associate
Dana McNally has joined Colliers Meredith & Grew as an associate in the Boston Brokerage Group, focusing on the Boston office market where he is responsible for the generation of new business, leasing, financial analysis, lease negotiations, client presentations and market research.
NYC Real Estate Whiz Busted
Manhattan District Attorney Robert Morgenthau has brought down NYC real-estate investor Adam Hochfelder, according to news reports. The DA arrested and charge Hochfelder with allegedly bilking associates and banks out of more than $17 million.  The most serious charge, grand larceny, for lying on and forging various documents, could earn him a whopping return--25 years in jail. The 37-year-old was chairman & CEO of Max Capital Management Corp.
Perkins+Will Hires Two
Perkins+Will announced that Mark Griffith has joined the practice as the local leader of the corporate, commercial and civic market sector.
Host Hotels, RECO Hotels Hires Meyer as Managing Director
Host Hotels & Resorts Inc. and RECO Hotels JV Private Limited said today that Peter Meyer has been appointed the managing director of the companies' Asian joint venture. Meyer will be based in Singapore.