Richard will sit alongside Maya Capital’s other high-level Senior Advisors who include Charles Pridgeon, Fredrik Elwing and Shemeel Khan.
Richard is currently Executive Chairman of M7 Real Estate, a leading pan-European, regional, multi-tenanted commercial real estate investment manager, which he co-founded in 2009. The company, which forms part of the M7 Investment Group of companies, employs over 225 employees across 15 countries and territories, managing over 590 retail, office and industrial properties with a value of around €5.9 billion.
Prior to the start of M7 Real Estate, Richard founded Halverton REIM LLP, a European real estate fund management business and before this, was International Investment Director of The IO Group Ltd, Property Fund Management PLC (now Cromwell).
During the course of his 30-year career in the real estate industry, Richard has been involved in over €12 billion of transactions across the UK and Europe.
As well as his responsibility for leading the strategic direction of M7 Real Estate and capital raising, Richard is a Non-Executive Director of the International Property Securities Exchange (IPSX), The Red Cat Pub Company, The Pinnacle Group and a trustee of The Chicken Shed Theatre Group charity.
David Pralong, Managing Partner of Maya Capital, commented:
“We are thrilled to welcome Richard to the Board where his significant experience through a number of market cycles and, in particular, in growing M7 Real Estate into a leading investment manager, will prove invaluable to Maya Capital. Maya Capital has grown extensively lately investing into Residential and Hotel sectors in the UK and Europe as it continues its focus on growth sectors within gateway cities.”
For further information, please contact:
Justin Griffiths/ Louisa Henry
Powerscourt (PR adviser to Maya Capital)
+44 20 7250 1446 / mayacap@powerscourt-group.com
Notes to Editors:
About Maya Capital:
Maya Capital is a pan-European Real Estate and Private Equity investment firm. It has an entrepreneurial and hands-on approach, driven directly by the strong involvement of its principals. Maya Capital was founded by Managing Partner David Pralong who has an extensive track record in real estate having been involved in over £2 billion worth of deals during his career. Maya Capital focuses on sophisticated strategies, including asset repositioning, financial structuring, property development and intensive asset and property management. Maya applies a dynamic approach and seeks opportunities resulting from special situations such as short leases or time-constrained purchases.
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