(PRESS RELEASE) LONDON, 23-May-2019 — /EuropaWire/ — Michael Slattery, Managing Director at Blackstone, will join Logicor as Interim Chief Executive Officer. Mo Barzegar will retain a leadership role as Logicor’s Chairman. Buddy Roes, Logicor’s current Managing Director for Northern Europe, to become COO.
Michael Slattery is familiar with Logicor, having overseen Blackstone’s sale of the company in 2017. He also worked closely in the continued management of the business under its new ownership.
Buddy Roes joined Logicor in 2016 to lead its business in the region, and brings over 25 years of experience in real estate. He will be appointed Logicor’s Chief Operating Officer and will lead the asset management activities across all markets.
“Michael has a great understanding of our business and I am confident in his ability to lead the company so it continues to deliver best-in-class solutions for our customers and strong performance for our investors. I am very grateful to our shareholders for their support over the years and look forward to remaining actively involved as Chairman” commented, Mo Barzegar, Chairman and CEO of Logicor.
“Under Mo’s leadership, Logicor has grown to be Europe’s largest owner of logistics properties, providing effective solutions to our customers so they continue to achieve their business goals. I am proud to take on the role of Interim CEO and will continue to work closely with Mo, Buddy and the rest of the leadership team” commented, Michael Slattery, Managing Director at Blackstone.
Logicor, headquartered in London and Luxembourg is the largest owner and operator of modern logistics and distribution properties in Europe. As of 31 December 2018 Logicor own a portfolio of 621 high-quality properties with a lettable area of approximately 13.6 million square metres located in key European logistics markets.
Mark Roberts, Head of Communications, Logicor
+44 (0)7824 593 726