Addington has celebrated its fifth birthday with a champagne reception for clients, contacts and friends held at the beautiful Pompadour ballroom of London’s Café Royal on March 5th.
Over 150 guests enjoyed Addington’s hospitality including Addington’s partners, Europa Capital, Tristan Capital Partners and CarVal Investors, and other representatives from funds, financing houses and firms of surveyors, including Allsop, CBRE, Cushman & Wakefield, DTZ, Savills, JLL, HSBC, Lloyds, PBB.
Addington was set up five years ago by Principals Martin Roberts and Matthew Allen who were previously UK Managing Director and Acquisitions Director at CIT Group Plc. Since inception Addington has completed deals worth £478.5 million by value to date. The company has expertise in three main sectors; Retail (it owns shopping centres in Harlow, Burnley, Cardiff and Torquay), Residential where it has 1,100 units under management including PRS, US air force houses in Suffolk and 250 units in Project Tree (flats above shops) and City of London office refurbishments.
Martin Roberts, Managing Director of Addington said, ” We believe we are one of the few players in the market with hands on experience in both the residential and commercial sectors and we work in partnership with a number of well-known funding institutions to acquire and asset manage properties. It’s been a great five years from a standing start and we just wanted to say thank you to those who have supported us. We hope to continue working with them as we develop our business further.”
Addington now employs 10 staff and is based in offices in Heddon Street in the West End.
