Mileway appoints chief financial officer

Mileway, Blackstone’s last-mile logistics company, has appointed Panayot Vasilev as chief financial officer. Vasilev was previously managing director and chief financial officer for Blackstone’s European real estate division, where he oversaw accounting, reporting, operational and treasury activities. Before that, he was chief financial officer for GE Capital’s European real estate arm. Emmanuel Van der Stichele, chief executive of Mileway, said: “His significant sector experience and deep understanding of our organisation will play a pivotal role in our ongoing growth, as we look to meet increasing demand for last-mile logistics real estate, facilitate faster delivery times and in turn support the growth of small and large businesses.” Mileway, the largest owner of last mile logistics real estate assets in Europe, has more than 1,000 properties across 10 major European economies. The UK, Germany, the Netherlands and France represent more than 80% of the portfolio. The company has also been growing its presence in the Nordics and southern Europe. The business is headquartered in Amsterdam and has more than 150 employees. To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette