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BlackRock launches new real estate team

From the July issue: Investment management giant BlackRock last month hired Aviva Investors’ Sherry Rexroad as Chief Investment Officer for its new BlackRock Global Real Estate Securities platform. Rexroad previously served as Aviva’s senior portfolio manager of real estate investment trusts for the Americas (note: correction appended).

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The Manhattan-based group will invest in real estate investment trusts and real estate operators across the globe, Rexroad told TRD, adding that it will be “a marriage of a fundamental equity team and a real estate team.” [more]

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