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UBS’s Cahoon joins GIC

7 January 2017 – by David Hatcher

One of the property industry’s best-known investment bankers is joining GIC to become its new head of UK real estate.


Iain Cahoon, managing director and co-head of EMEA of real estate, lodging and leisure at UBS, joined the bank in 2005 after studying at the University of Reading. As part of a team led by global head Fergus Horrobin his clients included Intu, CapCo, British Land, Land Securities, Derwent London and SEGRO.

Cahoon will join the Singaporean sovereign wealth fund in mid-February, working under Madeleine Cosgrave, who took over as head of real estate in Europe in June following the retirement of Chris Morrish.

GIC holds a growing collection of direct investments and has been expanding its student accommodation operations, having bought a 7,150-bed portfolio from Oaktree last September for £344m. GIC also owns a 50% stake in Broadgate, EC2, and a 17.5% stake in the Bluewater shopping centre in Kent.

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