In his new role, Slytå will be responsible for driving Blackrock Real Estate’s relationships with pan-European strategic partners and identifying attractive co-investment opportunities alongside the firm’s European funds. He will focus on investing in the core markets of the UK, the Nordics, Germany, France and Iberia, targeting investments in the logistics, living and alternatives sectors.

With the appointment, Blackrock will accelerate the growth of its circa USD 1 billion global real estate co-investment platform, which has developed a strong track-record of originating and executing co-investments with Limited Partners and operating partners. The platform recently signed commitments from two co-investors for circa USD 65 million to invest into a Nordics logistics portfolio alongside Blackrock’s European value-add strategy. 

“I am thrilled to assume this newly created role and help drive the growth of Blackrock’s strategic pan-European real estate platform. As more clients seek whole portfolio solutions, we are well placed to leverage the full breadth of the Blackrock platform to offer unique investment opportunities for our strategic real estate partners,” says Thorsten Slytå, Head of European Real Estate Strategic Partnerships and Head of Nordics Real Estate at Blackrock.

Since joining Blackrock in 2021, Slytå has led the growth of Blackrock’s Nordics real estate business, expanding both the expertise of the local teams across Copenhagen and Stockholm, as well as doubling the firm’s assets under management in the region in three years.

He will continue to report to Paul Tebbit, Co-Head of Global Real Estate at Blackrock, who co-leads Blackrock’s USD 24 billion+ global real estate platform alongside Thomas Mueller-Borja.