GE Real Estate Names Unit Prez

GE Real Estate, Norwalk, Conn., has named Michael Rowan president of its Americas Equity unit, which sources and manages global investments in office, multifamily, industrial, retail, and parking asset classes. Mr. Rowan has been managing director of GERE's United Kingdom region, where he increased assets for both debt and equity from about $2 billion to more than $8 billion, according to the company. In his new position, he will be responsible for leading all GERE's equity investing operations, which include venture investments, direct investments, the Arden and InterPark operating platforms, its Canadian and Mexican equity investment portfolios, and emerging markets equity investing in South America.

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