Sophie van Oosterom was named global head of real estate at Schroders, a spokeswoman said.
Ms. Van Oosterom will replace Duncan Owen, effective in January. She will oversee the manager's direct and indirect real estate investments.
Mr. Owen will step down Dec. 31, the spokeswoman confirmed. He will remain at the firm as a special adviser for real estate assets, with a focus on advising Schroders' U.K. and Asian strategies.
"Sophie joins us with a strong track record of building successful private assets businesses. She will be a key partner in our strategy to become a market leader in this field. This is an exciting time in our journey, and Sophie brings a wealth of relevant experience which will help us achieve the next phase in our growth for our real estate and broader private assets platform," Georg Wunderlin, global head of private assets at Schroders, said in a news release.
Schroders Real Estate has €19.2 billion ($22 billion) in assets. The firm's private assets' AUM was £44.2 billion ($58 billion) as of Dec. 31, 2019.
Ms. Van Oosterom was CEO and CIO of EMEA at CBRE Global Investors. Details of her replacement were not available.