Addington Capital, the investment, and asset management specialist has added two new members to the team. Edgar Simmons has joined as an Associate Partner and investment real estate analyst focusing on acquisitions across the offices and retail sector and Jonathan Thorp has joined as an asset manager focusing on office, retail and residential assets within the Bonsai Portfolio.
Edgar Simmons joins from Essential Living, where he was a real estate investment associate covering UK-wide residential and mixed-use acquisitions, with a focus on London Build to Rent. Prior to Essential Living he was an Associate in Real Estate Debt & Hedging Advisory at Chatham Financial (formerly JCRA.)
Jonathan Thorp joins Addington from The Arch Company, a Blackstone and Telereal Trillium Joint Venture, which purchased a portfolio of railway arches, land and buildings from Network Rail in February 2019 for c.£1.4 billion.
Edgar and Jonathan join at an exciting time in Addington’s growth plan as it hunts for new opportunities in the offices, residential and retail sectors, where it offers asset management and development expertise and through sister company, ADDLiving provides an independent management and lettings platform to service the growing PRS/BTR sector in the UK.
Earlier in the year Addington acquired a £100 m residential portfolio in East London in joint venture with BauMont Real Estate Capital, which it is now actively asset managing.
Martin Roberts, Principal at Addington Capital said, “Addington has continued to find opportunities in our target sectors, which we have capitalised on with our investor partners, whether in buying schemes, managing existing assets or creating new opportunities for development on mixed-use sites. Edgar and Jonathan are both strong additions to the team, to help acquire new properties and to create value from them. We warmly welcome them to the business.”