Rowan, who led GE Real Estate's specialized industries division in the States, will be responsible for overseeing all UK operations. He joins at a time when the UK team is extremely active. It has recently completed the acquisitions of the Ark in London's Hammersmith and the Manchester Arena. Over the past two years the UK division has spent about euro 1.47 billion ($1.89 billion) on acquisitions.
Rowan began his career at GE in the early 1980s. He then spent seven years with ITT Real Estate Service and six years with Heller Financial Real Estate Group before rejoining GE Real Estate after its acquisition of Heller in 2001.
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