Property company Glenbrook has announced the appointment of Chris Lloyd as investment director.
The news comes on the back of a number of investment deals for the Manchester-headquartered firm including the £6.8million disposal of The Beat in Liverpool to Custodian REIT and the acquisition of the 43,000 sq. ft Sliders industrial complex in Walton Summit, Bamber Bridge, Preston.
Chris brings with him over two decades’ worth of experience in the North West commercial property market having held positions including director at Cushman & Wakefield, formerly DTZ, and more recently asset manager at MCR Property Group. Chris has been appointed to develop the investment management side of the business, including fund raising, sourcing opportunities, asset management and disposals.
Speaking about his new role, Chris said: “The property market is at an interesting point; the backdrop of political change both regionally and nationally is presenting some exciting challenges and the investment market is suffering from lack of business space stock for occupiers and investors.”
“I have always respected the way in which Glenbrook operate and believe that the company has the agility and the capability to react to these changing market dynamics and capitalise on investment opportunities in the market.”
Ian Sherry, director at Glenbrook, continued: “Having recently completed three investment deals, our focus is to widen our scope and increase the scale of our operations.
“Chris has built up a substantial contact list across the property sector, and this, along with his experience working on both agency and development side will be invaluable in helping us to further develop our investment arm.”
Metis Real Estate advised Glenbrook on the disposal of The Beat, whilst Gerald Eve represented Custodian REIT.
Parkinson Real Estate advised Glenbrook on the Sliders acquisition. The scheme was acquired from a private landlord, represented by WHR.
Sliders was bought for an undisclosed sum.