Citigroup rebuilds for European property revival

US bank relaunches dedicated real estate investment banking group in Europe after an increase in activity in the sector

Citigroup is relaunching a dedicated real estate investment banking group in Europe – a team that has been pared back in recent years – after an increase in activity in the sector.

The US bank has named Giovanni Gregoratti and Julian Allen to co-lead the relaunched real estate and lodging group in Europe, the Middle East and Africa, according to a memo seen by Financial News. A spokesman confirmed the contents of the memo.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire