HVB Real Estate Investment Banking, a commercial real estate subsidiary of the HVB Group, has recruited Seth Lieberman from Lehman Brothers as a joint managing director to spearhead its European business.

Lieberman, who will be based in London, will work with Maitland Bruce and the existing four-strong team at HVB Real Estate Investment Banking. The division was set up in 2002 to offer advisory and arrangement services on commercial real estate finance deals.