Schroders Capital Real Estate announces that Rebecca Gates has been appointed Head of UK Asset Management. In this newly created role, Rebecca is responsible for overseeing asset management across all direct UK portfolios, reporting to Nick Montgomery, Head of UK Investment.
Rebecca will be focused on the asset management of funds including the Schroders Capital UK Real Estate Fund and Schroder Real Estate Investment Trusts, as well as new client portfolios such as the £700 million Greater Manchester portfolio that the team successfully onboarded.
Rebecca will also oversee the onboarding of the Scottish Widows direct real estate portfolios that total £3.5 billion. As a result, the UK team will directly manage over 300 assets (excluding residential holdings) and over 2,000 tenants, with a value of approximately £8 billion.
Rebecca was formerly Head of UK Asset Management at LaSalle Investment Management where she was also a member of the UK Investment Committee and UK management board.
Rebecca’s appointment follows multiple recent hires in both London and Schroders Capital’s new office in Manchester, with further new hires planned.
Nick Montgomery, Head of UK Investment, Schroders Capital Real Estate commented:
“We are very pleased that Rebecca is joining our team. Rebecca’s key focus will be on maintaining long term outperformance for our clients against the backdrop of a rapidly changing and more operationally focused real estate market. Rebecca’s experience will enable the team to continue to develop our hospitality-led approach to asset and property management, with every asset managed as a business in itself.
“Rebecca will also work closely with our specialist ESG colleagues to ensure that Schroders Capital delivers on its sustainable investment objectives, from both an environmental and social value perspective.”
Rebecca Gates, Head of UK Asset Management, Schroders Capital Real Estate: commented:
“I am incredibly excited to be joining such a well regarded business and team during its current phase of substantial growth. Having many years of property experience in occupier engagement, focused on operational excellence, I am looking forward to guiding the delivery of these and helping to secure strong investment performance for our clients.”