UK: Oakwood Worldwide has appointed Andrew Reitmaier to the newly created role of director of business development for EMEA.
Reitmaier will “spearhead all real estate development activities across the region, including acquisitions and management contract deals, working closely with Mapletree Investments, Oakwood Worldwide’s parent company”.
The role will support Oakwood Worldwide‘s plans to expand and diversify its investments, strategic alliances, joint ventures and portfolio deals, and to extend the reach of the brand to benefit from further opportunities across the EMEA region.
Prior to joining Oakwood Worldwide, Reitmaier served as a consultant, advising on a large portfolio of investments across a variety of hospitality and real estate projects. His previous experience includes serving as chief development officer for Steigenberger Hotels AG and vice president of development at Mövenpick Hotels & Resorts. Additionally, he has held consulting positions with BDO and Arthur Andersen’s corporate finance, hospitality, and real estate practices in the Middle East and Europe. Based at the Oakwood Worldwide regional headquarters in London, he will report directly to managing director of EMEA, Tom Meertens.
“Oakwood Worldwide has ambitious plans to strengthen our network of owners, investors, and developers; undertake further product development; and source new projects across EMEA,” said Meertens. “Andrew’s record and experience makes him an invaluable addition, and I’m delighted to welcome him to the team.”
“It’s an exciting time to be joining Oakwood Worldwide as it embarks on plans for accelerated growth and expansion,” said Reitmaier. “From an investment perspective, private equity and institutional investors have been watching the serviced apartment sector closely and Oakwood Worldwide’s operating philosophy and values put it in a great position to attract investment in this segment.”
