New head of finance bolsters Barberry team

Maria Iacolino, head of finance, Barberry Group

Property investor and developer Barberry Group has appointed a new head of finance as it delivers a development portfolio of almost £400 million at sites across the UK.

Highly experienced accountant Maria Iacolino, who has specialised in real estate for 17 years, has joined the Midlands-based company to lead the finance team.

Maria has over 20 years’ experience in finance. After gaining a degree in law, she qualified as a chartered accountant and spent four years at Deloitte where she was an audit manager. She joins Barberry from Horton Estates, in Birmingham, where she was financial controller.

Before that, Maria was regional financial controller at St Modwen Properties, where she spent 10 years and was responsible for external and internal financial performance reporting, planning, budgeting and business partnering for the London and South East division.

Her real estate experience also includes four years at Taylor Wimpey in the West Midlands, where she was group finance manager.

Henry Bellfield, group director at Barberry, said: “Maria has a fantastic track record in real estate and has worked with some of the most successful companies in the sector. She is a great addition to what is a very strong management team and we are confident her skills and experience will prove invaluable as we continue to deliver our ambitious development and investment growth strategy.”

Maria said: “I am excited to be joining to lead Barberry’s finance team. Barberry has already established itself as one of the most successful privately-owned property development and investment companies in the West Midlands and it continues to invest in its growing portfolio.

“I look forward to working alongside the outstanding team to build on the significant achievements to date.”

Barberry has a 3.3 million sq ft industrial/logistics development pipeline with a Gross Development Value of more than £400 million. The company has 455 acres of strategic development land, with a development land value of £225 million, across 10 sites under its control, and a £30 million commercial and residential value add portfolio.