Asset management group DWS has announced the appointment of Martin Zdravkov as lead portfolio manager.

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Zdravkov joins from LaSalle where he was head of residential and impact investments and responsible for portfolio management and investments in the residential sector.

Prior to this, he was the portfolio manager for a residential fund at Aviva Investors and pan-European long-income strategies.

In his new position at DWS, Zdravkov will be responsible for overseeing the firm’s European expansion into living sectors in the region. Based in London, he will report to Jessica Hardman, head of portfolio management for Europe at DWS.

Hardman said: “We are excited to have Martin join the team. To gain exposure to this sector, investors need an in-depth understanding of local residential markets and with Martin’s appointment we can further deliver this to our clients as a dominant investor in the European living sector.”