Industrial developer and asset manager Chancerygate has appointed its first project manager at its Birmingham office as the company further expands its development pipeline throughout the Midlands.
Dan Powers joins after nine-and-a-half years at the Birmingham office of property consultancy JLL where he was a director of project management.
Chancerygate launched its Birmingham office in November 2018 with the hire of development director Mark Garrity from Kier Group. Dan’s appointment is an important element of Chancerygate’s overall nationwide growth plan with the Birmingham office currently running four high-profile industrial developments in the Midlands.
Most recently, Chancerygate announced its acquisition of a 12-acre site in Coventry in a joint venture with Bridges Fund Management to build 254,000 sq ft of industrial and warehouse space. The site will have a gross development value of £35m.
The Birmingham office is also managing a 19-unit scheme in Aston, the 18-unit Trent Gateway development in Beeston, Nottingham (both as part of a joint venture with international real estate firm Hines) and a 12-unit development within Minworth Industrial Estate in Sutton Coldfield.
Commenting on his new role, Dan said: “Chancerygate has a clear growth strategy for the Midlands and I am looking forward to working with Mark and the wider team to help make it happen.
“It was an easy decision for me to join a business which has a growing reputation in the region for acting decisively on deals and building excellent product in strategic locations. Those are solid foundations on which to further scale our activity in the Midlands and grow the office.”
Founded 25 years ago, Chancerygate is the UK’s largest multi-unit industrial developer and asset manager. The company currently has up to 2.9 million sq ft of industrial space under construction or ready for development across 25 sites ranging from Bournemouth in Dorset to Livingston, West Lothian.
Welcoming Dan to company, Chancerygate development director and head of the Birmingham office, Mark Garrity, said: “We have ambitious growth plans for the Midlands. We can only achieve them if the people who join us are highly capable, able to think and act entrepreneurially and share our vision of being the best at all we do.
“Dan has all those qualities in abundance, so he will enable us to significantly increase our activity in the Midlands throughout 2020 and beyond.”