Anne Kavanagh, 鈥檚 chief investment officer, is joining UK housebuilder Telford Homes as chief executive officer.

Kavanagh will assume her role at the Trammell Crow Company-owned company at the end of July, taking over from Jon Di-Stefano who announced his intention to step down late last year. Di-Stefano has been CEO since 2011.

In addition to the CIO role at Patrizia, Kavanagh served as board member, where, under her leadership, she oversaw key acquisitions and all investment activities for Patrizia, including fund management strategies.

Prior to joining Patrizia in 2017, Kavanagh held leadership roles at Real Assets, Lazard, Cambridge Place Investment Management and .

She is a trustee of the Urban Land Institute and sits on the organisation鈥檚 global board. She also serves on the advisory board of Cambridge University鈥檚 master鈥檚 degree in Real Estate Finance.

David Neuman, the head of Trammell Crow Company鈥檚 European operations, said Kavanagh鈥檚 track record in 鈥漷ransforming and growing global businesses鈥, working closely with investors and occupiers and 鈥漝riving diversity and sustainability鈥 makes her the ideal leader for the Telford Homes business.

鈥淥ur vision is to continue delivering first-class sustainable build-to-rent homes throughout London and expanding our footprint geographically, using our unique ability to transform spaces into sustainable communities,鈥 Neuman said.

Kavanagh said: 鈥漌ith one of the most impressive track records in sustainability among UK housebuilders, Telford Homes is a trailblazer in London鈥檚 multifamily build to rent developer sector.

鈥淚 look forward to leading a great company with a strong pipeline of projects with an ambitious and motivated team and the backing of Trammell Crow Company.鈥

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