Paul Tebbit was named director in BlackRock's U.K. real estate group, responsible for management of the firm's strategic joint venture investments in the region, according to a spokesman.
The position is new.
Based in London, Mr. Tebbit will report to Jeff Morton, managing director and head of investment in BlackRock's real estate team.
Mr. Tebbit was director at Telereal Trillium, a London-based real estate investment management company. Sara Wiltshire, head of marketing and communications at Telereal Trillium, could not be reached for information about whether Mr. Tebbit was replaced.
