The company was founded in 2007, when the first signs of the credit crunch and the market downturn were already visible. Although counter-intuitive at first sight, the formation of 8GCP was timed to anticipate the market needs that the downturn would generate:
- Extinction of debt-fuelled speculation and trading. Prudent stock selection and fundamentals are back.
- Real estate assets can no longer be allowed to laze. The next cycle will be about asset management, or
- The severe price correction will generate once in a generation investment opportunities.
Our aim is to help increase our clients' net worth:
Maximise the potential of existing real estate holdings: rationalise portfolios and extract value from each asset.
Help them take advantage of the opportunities to surface over the downturn.
Tassos is the founder and the Managing Director of 8G Capital Partners Limited.
He founded 8GCP following successful career in some of the most prominent firms in the industry: HSBC Group, PRICOA Property Investment Management (now Pramerica Real Estate Investors Europe), Henderson Investors and IPD. Immediately prior to 8GCP, he was a founding member of the European Principal Property Investment arm of the HSBC Group. During his tenure as a Director, he helped to set up the operation, formulate the investment strategy and build a portfolio in excess of Euro 600m.
Throughout his 14 years in European real estate, he held positions and has amassed experience in all the key areas of real estate investment: fund management, transactions origination and closing, asset management, valuation, performance measurement, strategy and research.
He has been involved in over 30 real estate transactions across Europe, with an aggregate value in excess of Euro 1.5 billion. His experience is particularly strong in the UK and Central and Eastern Europe.
Tassos holds a BSc (Hons.) in Economics & Accounting from the University of Bristol and an MSc in Land Management from the University of Reading. He has earned a number of investment management qualifications and he is a CFA charter holder. He is also a Chartered Surveyor (MRICS).
Hara Menelaou is the Head of Marketing and Investor Relations. She brings on board multi-country exposure and extensive management and marketing experience she has gained in large international organisations such as A.C. Nielsen and Coopers & Lybrand (now PricewaterhouseCoopers).
She joins from Marfin Laiki Bank (UK) where she was the Head of the Marketing and Planning Division and has also headed the Card Services Department. In her 8 years with Marfin Popular Bank, Hara was, amongst others, responsible for Strategy and Planning for the UK and for product development and promotion of the all the bank's products- retail, corporate and private banking.
Prior to that, she was the Director for Emerging Markets of the Advertising Expenditure (AdEx) Division of A.C.Nielsen. In her role, Hara was responsible for all aspects of the operations (production, processing, sales, service and business development) of the AdEx division in the Emerging Markets Region: Poland, Hungary, Czech Republic, Slovak Republic, Romania, Bulgaria and Russia and has set up the Ukrainian and Croatian Division.
Hara holds a Bachelors degree in Business Administration and Human Resource Management from Adelphi University, New York, where she graduated with Magna Cum Lauder. She also holds a Masters Degree in Marketing from Massey University, New Zealand where she attended as a Commonwealth Scholar.
Colin is a veteran shopping centre manager, with more than 18 years of hands on experience. He has worked as a centre director, centre manager, and property manager for industry leaders such as Capital & Regional, Land Securities, Legal & General, The Crown Estate and Cushman & Wakefield. His responsibilities encompassed personnel, service charge budget and administration, operations and marketing. He has been involved at various stages of the asset cycle: design, development and operations in various parts of Europe such as the UK, Greece, Turkey and Cyprus.
Before joining the property world, Colin worked for HM’s Government in a variety of roles, including audit, health & safety and department operational issues.
Lance is a shopping centre and large format retail property manager with over 23 years experience. Through his position as Shopping Centre Development Director at Cushman & Wakefield, he has worked in the UK, Turkey, Poland, Hungary, Cyprus, Bulgaria, Albania and Syria, in the fields of pre-opening management (master planning, tenant co-ordination, contract tendering, marketing and launch activities etc), asset management, staff recruitment and training and restructuring.
He holds Diplomas on Shopping Centre and Leisure Management from the College of Estate Management, the ICSC European Retail Property School and ILAM. He is a member of the British Council of Shopping Centres (as well as a member of its Shopping centre and Asset Management Committee) and the International Council of Shopping Centres.
8G Capital Partners have formed a strategic alliance with ‘Tan-EU’, a fund management boutique specialising in fund structuring and capital raising in the People’s Republic of China. It has offices in London, Paris and Hong Kong.
TanEU was founded by Rachel Tan-Renucci, a former Managing Director at Macquarie Capital Advisors who led the capital raising efforts in Europe of the bank’s global real estate banking business. Rachel was previously the Global Head of Business Development at Société Générale Asset Management, Alternative Investments. She has held senior positions in HSBC Specialist Investments and DTZ Corporate Finance.
Rachel holds a BA in Philosophy with distinction from Hampshire College in the USA and an MBA from INSEAD.
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Cyprus Phone: +357 99 678942
London Office 1 Berkeley Street
Phone: +44 20 7016 9007
Fax: +44 20 7016 9100