Midlands-based real estate investment firm, Colmore Capital has strengthened its growing team with the appointment of two team members, Matt Grainger and Tim Bromley-Martin.
Colmore Capital is a commercial real estate investor based in Birmingham, delivering superior risk-adjusted returns across a diverse portfolio, working with a range of well-funded investment partners.
Matt joins Colmore Capital as an Investment and Asset Manager, with over nine years of experience at Wesleyan Assurance Society. He oversaw in excess of £175m transactions and was a key team member actively managing the £425m UK property portfolio consisting of retail, industrial, offices and alternatives.
Tim has over 15 years’ experience in Property Asset Management companies based in London, working nationally across office, retail, industrial and residential sectors. He became a Partner at the age of 30 at Lawson & Partners and has worked at London & Cambridge Properties (LCP) and EPIC Property Asset Management prior to relocating to Birmingham.
Matt will be joining the team as an Investment and Asset Manager, and Tim as an Asset Manager.
In their roles, Matt and Tim will be responsible for asset management of the existing portfolio and sourcing new investment opportunities. They will also be engaging with investment partners regarding new business prospects and managing the acquisition process.
Discussing what they will bring to their future positions at Colmore Capital, Matt said: “I have built a great network of contacts throughout the UK and look forward to sourcing some interesting opportunities, both on and off the market, to help grow our portfolio and deliver superior risk-adjusted returns to our investment partners.
“I am moving from a hybrid asset management and investment role with dual responsibilities that provides me with great balance when considering new investment opportunities. In my new position at Colmore Capital, part of the role will involve sourcing third-party capital for particular transactions. Whilst this does have its challenges, I’m looking forward to developing my skills in this area.”
Matt also hopes to bring a growing focus on ESG to the business, ensuring this is a major factor in all acquisitions and asset management decisions.
Tim said: “Part of the appeal to join Colmore Capital was that it is a smaller company with a lot of ambition, made up of talented individuals, with a huge amount of potential. It is an exciting time to be joining and contribute to the continued growth of the company.
“Within my new role, I hope to provide fresh insight and perspective to drive both existing and new initiatives as well as to make sure that we excel in the goals that we have set to deliver outsized returns to our investors.”
David Corridan, Co-Founder at Colmore Capital, said: “Despite the evolving macroeconomic situation, we are confident of finding opportunity and growing the business further, and I am excited for Matt and Tim to contribute to this expansion.
“Our investors continue to have an appetite for well-located assets where there is the opportunity to add significant value through targeted, well-considered investment and hands-on asset management.”
Colmore Capital’s current portfolio includes Quartz Point at Solihull, Wavendon Business Park in Milton Keynes and Bedfont Lakes Business Park in West London, after the recent exits from AMH55 in Aston and Swift 34 in Rugby following successful completion of the assets’ business plans.