IPSX (the new operating brand for the London Real Estate Exchange) announces the appointment of Robert Bould as a non-executive director.
Rob recently stepped down as CEO of GVA Bilfinger (previously GVA Grimley), one of the leading international property agents and advisory firms, and Executive Vice President of Bilfinger Real Estate gmbh. Having started his career at Grimley & Son in Birmingham, he held various roles in the business including Head of Investment and Chairman of GVA’s Capital Markets Group.
During a long and successful career in commercial property investment management, Rob’s clients have included Carlyle Real Estate Partners (including advising on the highly successful £710m White Tower Portfolio transaction during the financial crisis) as well as Derwent London, Argent Skanska , Palmer Capital, LaSalle Investment Management, and many other major property groups, institutional investors and Sovereign Wealth Funds.
Rob was appointed CEO of GVA in 2009, following an investment in the business by Lloyds Development Capital, and led its merger with Bilfinger Real Estate in 2014.
Anthony Gahan, Chairman of IPSX, commented: “Rob is widely regarded as one of the UK’s leading figures in the commercial property sector. His deep experience of the international real estate market from a senior executive vantage point within a leading agency, and his career focus on advising owners and investors on capital markets options, complement our Board’s collective experience perfectly. We are delighted to have his wise counsel and support as IPSX progresses with its launch plans.”
Rob Bould said: “The IPSX proposition fills a substantial gap which has always existed in the range of capital markets options available to owners and investors within the commercial property market. At a time when technology is fundamentally changing the way we transact, IPSX will democratise access to the market offering investors the opportunity to focus on specific assets and higher yields compared to alternative asset classes.”
IPSX plans to launch in early 2017.