Leicester developer reveals new London office
Leicester-based industrial and warehouse developer Tungsten Properties has expanded its operations with the opening of a new London office and the appointment of Matt Moran as investment manager.
With over 10 years of experience, Moran joins from Vengrove, where he served as a senior associate, focusing on UK investment and development transactions in the industrial and logistics sectors.
His work included projects such as Erdington Industrial Park/Avalon Point in Birmingham and Gem at Danehill in Reading.
Moran began his career at Montagu Evans, where he worked in the national business space investment team.
In his new role, he will oversee the relationship between Tungsten Properties’ capital partners and the development management team.
Based at the company’s new London office at 33 Cavendish Square, W1, Moran will collaborate with Matt Jones, who joined as development director in July. Together, they will engage closely with the London-based agency and capital markets.
Jeff Penman, managing director, Tungsten Properties said: “We warmly welcome Matt at an important time in our growth strategy where he will bring his extensive London capital investment experience to be the link to our thriving and busy development team. His skillset will help to continue building relationships at a time when the mid and big-box logistics and industrial market shows positive signs of returning occupier and investor confidence. By expanding our office network into London and with a committed development pipeline of 2.8 million sq ft, we are well-placed to cover the UK and be geared-up for future pipeline opportunities.”
Matt Moran, investment manager, Tungsten Properties, said: “I’m joining Tungsten Properties at an exciting time as they build on their already strong relationships with capital partners and the agency community. I look forward to helping grow the company’s London presence from the new office at 33 Cavendish Square while working closely with its exceptional development team.”
