The Ontario Teachers’ Pension Plan is appointing Jenny Hammarlund as executive managing director of real estate, effective Jan. 5.

Hammarlund will be based in London and is responsible with guiding the real estate team’s strategy, portfolio and asset management activities globally, according to a press release. She’ll report to Gillian Brown, chief investment officer of public and private investments.

Read: Ontario Teachers’ appointing Christopher Metrakos as executive managing director of infrastructure, natural resources

Hammarlund joined Cadillac Fairview in 2021 and officially moved over to the Ontario Teachers’ in 2024 as a leader for the real estate investment group in the U.K. and Europe.

Real estate gives the investment organization stable and predictable income to match long-term liabilities, Brown said in the release. “Her leadership skills and experience investing globally make her the ideal person to drive our performance-focused diversification strategy in real estate over the coming years.”

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