Praxis announces the appointment of Graham Barnes as Managing Director – Strategic Partnerships.
In this new role Barnes will work closely with the senior team in the driving the growth of Praxis’s business with a focus on the development of investment strategies and capital relationships.
This is the first in a series of senior hires that will be announced in coming weeks and forms part of a major commitment to increase Praxis’s capacity to take advantage of a generational change in what comprises fit-for-purpose real estate for both occupiers and investors. Building on Praxis’s enviable track record and integrated business model this will expand, deepen, and strengthen the senior team across strategy, investment, capital relationships, and operational infrastructure.
Barnes was previously an Executive Director in CBRE’s Investment Banking team advising on M&A, joint ventures, capital raising, restructuring and strategy across sectors on a pan EMEA basis. He joined CBRE in 2001. Between 2006 and 2012 he was the Investment Strategist at the innovative and successful Iceberg real estate hedge fund. Prior to joining CBRE he held senior positions at the London based The United Bank of Kuwait PLC having qualified as a Chartered Accountant at KPMG.
Barnes said:
“I am excited to be joining Praxis and playing a key role in its ambitious plans. Praxis’s high-touch vertically integrated model is ideally suited to the increasingly operational nature of commercial real estate across sectors. This is particularly well aligned with market conditions and the significantly increased requirement for entrepreneurial and active asset management to position assets to meet evolving occupier and investor requirements.”.
James Hewitt, Chief Operating Officer, said
“We have invested heavily in building out our vertically integrated real estate platform with over 100 professionals now working across our three UK offices working alongside a range of private, institutional and government clients. Graham’s arrival will strengthen our capabilities at a time where we are seeking to deploy significant capital into UK commercial real estate.”