People Moves: 12/01/2025

ICYMI - Savills strengthens Sustainability Consultancy with two new hires, Larissa Belova joins US Real Estate team at UBS Asset Management, and Ronald S. Lauder announces retirement.

In today’s newsletter, international real estate advisor Savills has expanded its Sustainability Consultancy team in its property management division with two new strategic hires.

Also this week, UBS Asset Management announced that Larissa Belova has been appointed Chief Investment Officer and Portfolio Manager in the US Direct Real Estate team. In this role, Larissa will drive the market positioning and growth of the US direct real estate team’s investment strategy, working in close collaboration with the platform’s research, portfolio management, client relations, operations and transactions teams.

Larissa will report to Matthew Johnson, Head of Real Estate Americas, and work closely with the wider team to manage US direct real estate portfolios. Larissa’s real estate experience includes roles in acquisitions, asset and portfolio management, structured finance, capital raising and investor relations.

In other news, Olivier Garnier and Tom Bardwell will join Savills as Principal Sustainability Consultants, while Megan Steven will join as a Senior Climate Risk and Resilience Consultant. They will provide a comprehensive range of services to help clients understand both the risks and opportunities associated with embracing and effectively managing ESG.

Tanya Broadfield, Head of Savills Sustainability Consultancy, mentioned in a press statement: "It is great to welcome Olivier, Tom and Megan to Savills. Sustainability and Environmental, Social, and Governance (ESG) remain high on the agenda for many organisations, driven by evolving legislation, growing stakeholder concerns, increasing demands for transparency and disclosure and the changing climate. With their expertise, Tom, Olivier and Megan will further reinforce our position as market leaders in this field."

Finally, Estée Lauder Companies who recently appointed a new UK Real Estate Director (according to sources at Green Street News) have also announced Ronald S. Lauder's retirement from its Board of Directors, effective immediately. Following his retirement, the Board has moved to elect Eric Zinterhofer as a Director.

Under the stockholders' agreement with the Lauder family, Lauder has the right to appoint two Board members. While his daughter, Jane Lauder, will continue in her current role on the Board, Lauder has designated his son-in-law, Zinterhofer, as his second representative.

Lauder joined Estée Lauder in 1964 and has held various roles during his tenure. While stepping down from the Board, Lauder will continue as Chairman of Clinique Laboratories.

Larissa Belova joins US Real Estate team at UBS Asset Management