Paris, 21 March 2023 – La Française Real Estate Managers (REM) announces the future appointment of Thierry MOLTON and Guillaume ALLARD to the executive board of the asset management company, effective from April 2023. They will be succeeding Marc-Olivier PENIN and will be entrusted with the co-management of La Française REM's “Retail” division, in charge of the real estate offer tailored to private clients, including collective real estate investment vehicles and unit linked vehicles for insurers. David RENDALL will continue to manage La Française REM's “Institutional - France and International” division.
As part of this new governance framework, Philippe DEPOUX – CEO of La Française Real Estate Managers, will be supported by an experienced management team:
- Retail Division
- Thierry MOLTON, to be appointed Managing Director of La Française REM, in charge of Real Estate Assets for private clients, including investment, asset management and property disposal activities for all asset classes.
- Guillaume ALLARD, to be appointed Deputy Managing Director of La Française REM, in charge of Funds and Finances for the retail division, including fund management, real estate financing, accounting (funds and assets), reporting and financial communication of real estate products.
- Institutional – France & International Division
- David RENDALL, Deputy Managing Director of La Française Real Estate Managers and Managing Director of the International Division, in charge of the management of real estate mandates, thematic funds and club-deals for institutional clients on Core/Core+, value added and opportunist strategies.
" Marc-Olivier PENIN has worked at La Française REM for more than 20 years and has been instrumental in the development of its real estate expertise, and I would like to thank him personally for his commitment throughout the years. From an operational trio – Thierry, Guillaume and Marc-Olivier, who have worked together for many years, particularly on innovative real estate solutions such as unit-linked vehicles – we will make the transition to a duo, with this new governance framework. Thierry and Guillaume will report directly to me and have my full confidence in ensuring continuity in the quality of the real estate offering for private investors," states Philippe DEPOUX, CEO of La Française Real Estate Managers.
Their professional backgrounds
- Thierry MOLTON, 55, to be appointed Managing Director, La Française Real Estate Managers, has 28 years’ experience in real estate.
He started his career as an auditor in 1995 with the audit and accounting firm Vivian et Associé in the Real Estate Department before joining Foncière Bellecour as Financial Director.
Three years later, with Management Business Property, Thierry became Director of Real Estate and Financial Operations. In 2008, he joined La Française Real Estate Managers, first as Director of Real Estate Operations and Financing and then as Director of Asset Management. Thierry is currently Director of Commercial Real Estate Assets at La Française Real Estate Managers, a position he has held since 2020.
Thierry Molton holds a diploma in chartered accounting.
- Guillaume ALLARD, 38 years old, to be appointed Deputy Managing Director, La Française Real Estate Managers, has 16 years' experience in real estate.
He started his career in 2007 with DTZ Eurexi as a Project Manager and then joined La Française Real Estate Managers in 2011, first as a real estate portfolio manager and then as a real estate fund manager. In 2017, he was promoted to Director of Fund Management SCPI. Guillaume is currently Director of Finance - Retail Funds, a position he has held since 2021.
Guillaume is a graduate of the Ecole Spéciale des Travaux Publics, du Bâtiment et de l'Industrie.