Cornerstone appoints new European funds director

Cornerstone Real Estate Advisers Europe has appointed Rachel Arden-Davis as its finance and operations director for pan-European funds. Arden-Davis joins from AXA Real Estate, where she has spent 10 years rising to become senior fund controller. Prior to that, the chartered accountant spent eight years with PricewaterhouseCoopers, both in Frankfurt and London, where she managed transactions for private equity and corporate clients.