Lincoln Property Company, makes key senior Asset Management hire in Europe
Lincoln Property Company (LPC) has appointed Pavel Schanka to head all Asset Management activities for Lincoln Europe, LPC’s recently relaunched European platform.
As one of the largest asset/property management platforms in the U.S., Lincoln leases and/or manages over 35 million sqm. Leveraging this dominant platform capability and expertise, Lincoln has made a strategic decision to hire Pavel Schanka, a senior regional Asset Management professional, in order to help underwrite Lincoln’s investments in Europe from day one and look after the entire portfolio thereafter.
Pavel previously worked as the Head of Asset & Property Management for Central & Eastern Europe at JLL and GE Capital Real Estate. Pavel also gained invaluable regional transaction experience when he led CBRE Capital Markets team in CEE and structured senior debt at Unicredit Bank. Pavel holds Master degrees in Real Estate Investment from Reading University and Accounting from University of Economics in Prague.
Troy Javaher, Managing Director of Lincoln Europe s.r.o., commented, “As a co-invested operating partner or third-party service partner for top-tier institutional investors, Lincoln is committed to true alignment and accountability. This only results when both the acquisition and asset management teams share the same vision from the very beginning, as the deals are first being considered and the execution strategy is being formed. Pavel is uniquely placed to take the ‘value add’ approach from theory to reality.”
Pavel Schanka commented, “Lincoln’s renowned development and asset/property business provides a strong competitive advantage in repositioning and optimizing opportunities in our region. We will also be able to provide essential comfort to the institutional investors which require the highest levels of both performance and compliance.”
Lincoln Property Company (LPC) was founded in 1965 and is one of the largest American full service real estate companies in the United States, with over 6,800 employees. It operates in more than 200 cities in 32 states in the United States and has previously managed operations in 12 countries throughout Europe. Historically, LPC has developed more than 12.1 million sqm of commercial projects and 209,000 multi-family units at a total cost of over $30 billion, acquired more than $15 billion of assets since 1988, and currently manages commercial assets valued at more than $60 billion.