Paris, 3 September 2024 - The Supervisory Board of Praemia REIM France today announced the appointment of Marc Bertrand as Chairman of the Management Board of the Management Company. Marc Bertrand succeeds Grégory Frapet, who is leaving the company to pursue new projects.
Marc Bertrand's strategic expertise and solid experience in the real estate asset management and savings sector will be key assets in addressing new market expectations and continuing to develop the business of Praemia REIM France, which is firmly committed to quality real estate asset management for its retail and institutional investor clients.
As Chairman of the Executive Board of Praemia REIM France, Marc Bertrand will report to Laurent Fléchet, Chairman of the Praemia REIM Group. He joins the Executive Committee and will work closely with the Group's other entities, based in the main European markets.
Laurent Fléchet, Chairman of Praemia REIM, comments: ‘I am delighted to welcome Marc Bertrand to our Group. Marc is a seasoned professional with a proven track record in property asset management, particularly in the savings sector. He is now head of the management company, Praemia REIM France. His broad experience and strategic vision will enable us to consolidate the position of the French entity and support its growth, in line with the Group's overall strategy, as part of the new property cycle that is about to begin. I would also like to extend my warmest thanks to his predecessor, Grégory Frapet, for his exceptional commitment to Praemia REIM France.
Marc Bertrand, Chairman of the Executive Board of Praemia REIM France, added: ‘I am delighted to be joining Praemia REIM France as Chairman of the Executive Board, bringing my energy and expertise to bear on behalf of our investors. I am proud to be joining one of the leading pan-European property asset management companies, with a talented team of 550 employees based in various European countries.
Biography of Marc Bertrand :
Marc Bertrand (54) began his career in 1994 with GAN Assurances before joining the La Française group in 1999. Within La Française, Marc Bertrand has held a number of senior positions, including Chief Executive Officer of La Française REM France from 2007 to 2014, then Chairman of La Française GREIM France from 2014 to 2020. In 2020, he joined Amundi Immobilier as Chief Executive Officer.
Marc Bertrand is a graduate of Edhec, specialising in finance and financial management services (class of 1992), and holds AMF Professional Certification.
About Praemia REIM:
Praemia REIM has 550 employees in France, Germany, Luxembourg, Italy, Spain, Singapore and the United Kingdom. The company applies its values of conviction and commitment as well as its expertise on a European scale to design and manage property funds for its national and international clients, both private individuals and institutions.
At 31 December 2023, Praemia REIM had €38 billion in assets under management. Its conviction allocation breaks down as follows 48% healthcare/education property, 33% offices, 8% residential, 5% retail, 5% hotels and 1% logistics. Its pan-European platform manages 61 funds and brings together more than 96,000 retail and institutional investors. Its real estate portfolio comprises more than 1,600 properties, spread across the main asset classes and located in 11 European countries.
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