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Fidelity appoints new director of UK real estate

Fidelity has appointed Alison Puhar to join its real estate senior management team as director of UK real estate.

Puhar has over 15 years of property and fund management experience and joins from Cordea Savills where she was head of UK institutional pooled funds.

In her new role, Puhar will lead the UK side of Fidelity’s real estate business and will be the principal driver of new property acquisitions in the UK.

She will also be responsible for managing a number of property funds as well as building the UK team.

Fidelity International head of European real estate Neil Cable says: “We now have the senior management team in place, consisting of individuals who have accumulated experience of different property market conditions and cycles in the UK, continental Europe and the Far East over the past 15 years.

“Our priority now is to assemble a pan? European portfolio during the remainder of 2007 prior to launching our first institutional Real Estate Fund. We also expect to announce further hires in the second half of the year, as Alison, Matt and Keith start to build their teams. There cannot be a more exciting and rewarding time at which to be involved with the business.”

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