Addington Capital, the property investment and asset management specialist has recruited Mike McGovern as a salaried partner and new head of Development. Mike joins from developer Eastern and Oriental and prior to that had spent eight years at Buro Four.
Mike will be responsible for looking after Addington’s existing projects including the office to residential conversion of One Lampton Rd, Hounslow into 115 apartments, new build development of Melbourne Street, Leeds delivering 100 apartments and the re-purposing of a key high street site to retail and offices in Cheltenham. Mike will be a key player in the appraisal and delivery of projects across the portfolio and new acquisitions.
In his career to date he has worked on numerous prestigious office schemes across central London, including 1 New Burlington Place, 10 New Burlington Street, and 55 Gresham Street and residential projects, including Esca House and 22-23 Newman Street as well as high rise projects in Canary Wharf and Hammersmith.
Commenting, Martin Roberts, Principal of Addington Capital said, “We are delighted to have attracted a professional of Mike’s calibre to our growing team. Mike has considerable experience in development and construction and has worked on a number of complex, high profile projects enabling him to develop a clear understanding of what is required to deliver successful projects in a demanding environment.”
“Addington continues to find opportunities to enhance property values across our main sectors of offices, retail and residential and increasingly development and redevelopment plays a key role in realising these returns. We believe the opportunities will only increase as we move into the next phase of the cycle.“
Addington Capital was set up in 2010 by Martin Roberts and Matthew Allen as an independent operating partner.
Mike joins a growing team at Addington. The company recently recruited partner Tim Cornford from Ellandi to head its retail asset management and prior to that in October last year, recruited partner Helen Shellabear from Hudson Advisors LP as asset manager.