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Irish Life appoints property executive

Irish Life Investment Managers (ILIM) has appointed Hillary Fitzgibbon as head of structured property.

She joins Irish Life from Bank of Ireland Private Banking, where she held the post of senior acquisitions manager.

The chief executive of ILIM, Gerry Keenan, said there is strong demand for the development of syndicated property deals for high net worth individuals.

'Already we anticipate that our property funds will receive investment inflows of as much as €1 billion this year. And as we begin to roll out more specialist deals we expect this figure to rise further', he said.