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We’re excited to announce the appointment of Kathleen Verelst as our new Chief Investment Officer (CIO) and a member of the Management Board, effective January 1, 2026.

Kathleen has more than 30 years of global real estate experience. Trained as a lawyer, she worked at two New York law firms before spending 22 years in the real estate and restructuring departments of investment bank Morgan Stanley. From 2021 to 2024, she served as a Senior Advisor to URW’s Supervisory and Management Boards, contributing to the Group’s successful deleveraging strategy, notably in the US.

In her new role, Kathleen will oversee the Group’s capital allocation framework, providing strategic oversight of investments across our portfolio and helping to drive the delivery of our “A Platform for Growth” 2025-2028 business plan.

Commenting on the appointment, URW’s Chairman Jacques Richier said: “Kathleen’s global real estate experience, combined with her deep knowledge and understanding of the URW business and asset portfolio, make her a highly complementary addition to the Management Board. The Group has the right leadership team in place to deliver the ‘A Platform for Growth’ business plan.”

Vincent Rouget, URW’s CEO-elect, added: “I am delighted to welcome Kathleen to URW’s Management Board. Thanks to her in-depth understanding of our business, her intimate knowledge of URW teams and corporate culture, and her diverse global real estate investment and finance skillset, Kathleen is a great addition to our experienced Management Board.”

Read the press release

[IMAGE] Kathleen Verelst

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