UK: Macquarie Asset Management’s BTR platform Goodstone Living has appointed Iliya Blazic to the newly created role of CEO.
He will join the executive shareholders, Darryl Flay and Martin Bellinger, in delivering on the business’ strategy of partnering with leading institutional investors to deliver high-quality BTR developments across the UK.
Blazic will be responsible for day-to-day leadership of the business and report to the board of directors. He brings more than 25 years of real estate investment and funds management experience to the role, having held senior leadership positions at IQ Student, Dominvs Group, Wellcome Trust and LaSalle Investment Management.
He recently held the role of chief investment officer at IQ Student where he oversaw the growth of its real estate portfolio to more than 28,000 beds, resulting in the sale of the business to Blackstone Group in 2020 for £4.7 billion.
Darryl Flay, co-founder and principal of Goodstone Living, said: “We look forward to welcoming Iliya to our senior leadership team. Iliya’s extensive management and real estate experience makes him a great fit for our business, as we deliver our first projects and take advantage of market opportunities through the creation of long-term capital partnerships.”
Baltic added: “I am delighted to join Goodstone Living at such an exciting stage of the company’s development. I look forward to working with the Board, our capital partners, and leadership team as we deliver on our growth strategy and build our reputation as a leading build-to-rent real estate manager, developer and partner of choice across the UK.”
