Avison Young strengthens their Executive Management Team3 Sep 2020
Mehdi Patrick Riahy joining as Principal and Managing Director of AYs German operation
Frankfurt – Avison Young, the global real estate advisor, has appointed Mehdi Patrick Riahy as Principal and Managing Director leading the operations of the Frankfurt team as Head of the Frankfurt Office. In addition, Mr. Riahy will be heading the Investment Team. He joins Avison Young from JLL where he was National Director in the Office Investment – Capital Markets team.
Udo Stöckl, Country Manager, Principal and Managing Director of Avison Young Germany GmbH, said: “We are very pleased to strengthen our core management team with such a recognised investment specialist as Mehdi. His established network and strong track record will further improve our local and national capital markets business and as a Frankfurt native he will accelerate the growth of our entire Frankfurt branch. I have gotten to know him as a dedicated and highly professional individual and look forward to working with him in the expansion of the German business.”
Mehdi Patrick Riahy brings more than 12 years of investment and letting experience in both the retail and office sector, thereof nearly 10 years with JLL. Over the past five years, he has originated and closed more than €4 bn in transactions including various trophy assets in Frankfurt. Before joining JLL in 2011 in their Retail Leasing department, he worked at BNP Paribas Real Estate, where he started his professional career in 2008. In 2015 Mehdi moved to the Office Investment team, where he was promoted in 2018 to National Director level. During his tenure at JLL he was also selected to participate in the very first edition of the firms’ young leadership development program. Mehdi Patrick Riahy holds a Bachelor of Engineering from the University of Applied Sciences Frankfurt and achieved his MBA in 2014 at the “Akademie der Hochschule Biberach”.
Mehdi Patrick Riahy said: “I am very much looking forward to the new challenge and future joint successes with Avison Young. This is a thrilling opportunity to work in a young and dynamic team and for the only principal-owned and operated real estate services firm in the world. There are – besides current challenges – a lot of exciting topics such as digitalization or new work that will shape the real estate markets in the future. To help our clients find the best possible solutions is our main goal. To achieve this, we will focus on the consecutive development of the Frankfurt office and its market shares and the further professionalisation of our Germany-wide Capital Markets division.
Avison Young is the only commercial real estate services firm owned and jointly operated by its Principals. The company is headquartered in Toronto. Founded in 1978, Avison Young comprises more than 100 offices worldwide. On the German market, it has been operating since 2014 and is represented at five locations in Munich, Berlin, Hamburg, Frankfurt am Main and Düsseldorf. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.