Charlotte D'Souza

Andrew Allen was appointed global chief investment officer at the London-based manager following Kiran Patel’s retirement last month.

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

Following its integration with Credit Suisse, the Swiss bank's investment arm has promoted Jon Hollick to head of global ex DACH real estate.

Owners of office buildings where the flexible space provider is a major tenant are in a predicament, whether or not the business survives.

Women represent a substantial percentage of private real estate professionals, but men have a monopoly on the role of the entrepreneur.