Addington Capital, the property investment and asset management specialist has recruited regeneration expert, Nigel Turner as a partner to head Town Centre Regeneration. This senior addition elevates Addington’s capability to help investors and landowners redress the balance in our tired retail spaces and town centres.
Nigel was formerly a Board Director and COO of McCarthy Stone PLC which he joined in 2018 and where he was responsible for all land and build activity UK wide. Prior to that he spent nearly twenty years at Keir Group, where he was a PLC board director of Developments & Property Services, London & UK wide, responsible for all commercial and residential development strategy, investment decisions and delivery.
Both roles gave Nigel considerable grasp of investment, land acquisition; development, housebuilding, regeneration and planning frameworks.
He also has considerable experience in the creation of mixed-use communities, local authority partnerships, redevelopment, and numerous joint ventures. Major initiatives included the setting up of Solum Regeneration a 50/50 joint venture with Network Rail, which has re-generated railway sites in Walthamstow, Twickenham, Epsom, Haywards Heath, Bishop Stortford and Guildford. Nigel also was instrumental in the regeneration of Watford Riverside a 50/50 joint venture with Watford Borough Council.
Nigel joins a team of 15 at Addington Capital. The asset management business already has considerable expertise in town centre regeneration through its redevelopment projects in London, Harlow*, Leeds, and Cheltenham. Most recently it launched One Lampton Road where it has re-developed a mixed-use office and retail building in the middle of Hounslow into a new high quality PRS residential scheme of 118 homes under permitted development rights.
Matthew Allen Principal of Addington Capital said, “We now have a very experienced multi-sector team, led by Nigel, to work alongside our partners to unlock the complex but rewarding opportunities in town centre redevelopment. Nigel is experienced in setting up public and private sector partnerships and has the track record to help us increase our success in this area of the market where we foresee a long pipeline of business.”
Nigel Turner added, “I am delighted to be joining a team which has the same passion to repurpose and regenerate our town centres. The significant changes in retail trading provide a unique opportunity to reinvigorate these spaces for residential and community use, whilst helping to reduce the impact of development in the countryside and creating more connected mixed-use communities. In this new role we want to work with investors, local authorities and planners to create genuine quality and sustainable town centres- fit for the communities of the 21st century.”
