European real estate investor and asset manager PAREF announced that Antoine Castro has resigned as chairman and CEO, and from all his roles within the Group.

Takuya Yamada
Effective immediately, Takuya Yamada has been appointed interim chairman and CEO.
Yamada, who joined PAREF's Board in 2024, has over 30 years of experience in real estate investment and asset management.
He is also the global head of Fosun Hive Overseas Operations, having joined Fosun in 2015.
His prior experience includes roles at Sumitomo Trust and Banking Co., AIG's real estate business, and Invesco Global Real Estate, where he managed acquisitions and asset management in Japan and Asia-Pacific.
PAREF has begun the search for a new chairman and CEO.
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