Addington, the asset management and property investment business has recruited Steven Vaughan as a new partner to focus on London offices and industrial asset management and development.
Vaughan has joined Addington from The Conygar Investment Company PLC where he was the Property Director for over twelve years and was responsible for the asset management of 48 commercial properties in a £150 m commercial property portfolio, as well as the purchase, development management and sale of in excess of £100 m of commercial property assets. Prior to that he was Corporate Development Executive at MEPC Plc, which included a role as Board Director of a joint venture company delivering the £120 m Callaghan Square PFI infrastructure project in Cardiff and was responsible for the acquisition, management and sale of a £120 million nursing home portfolio.
Commenting on the appointment, Martin Roberts, Principal of Addington said: “I have known Steven since we worked together in the 1980’s and he has a great track record in asset management and development in two of the key areas in which we wish to grow further : offices and industrial. Steven’s experience and contacts in these sectors will be a great asset to Addington as we grow further. His appointment takes our team to 14 professionals.”
Addington was set up six years and has now completed deals worth £720 million by value to date. It operates in three main sectors; Retail (High Street and shopping centres), Residential where it has now acquired over 1,300 units for rental and/or sale and Offices where it undertakes re-positioning through planning and change of use, refurbishment and re-letting, rent reviews and lease renewals and currently has over 900,000 sq ft of offices under management.
For further information, please contact
Martin Roberts
Addington
Tel; +44 (0)207 042 9250
Email; martin@addington.uk.com
Karen Roberts
PR Consultant
Tel; +44 (0) 7917 225383
Email: keroberts@btopenworld.com
Notes To Editors
About Addington Capital
Addington Capital was set up in 2010 by Martin Roberts and Matthew Allen, as an independent asset management and investment business. Since inception Addington has completed over £720 million of deals by value and has an established platform in the office, retail and residential sectors. Recent deals include the purchase of the Prospect portfolio of 27 assets with Europa in January and the Retail Plus Property Trust with Och-Ziff Real Estate for £60 million in November 2015. Addington acts as an operating partner and works closely with its partners to create value through active asset management. Please visit http://www.addingtoncapital
