A real estate investment firm has strengthened its team with a duo of appointments. Birmingham-based Colmore Capital has appointed Matt Grainger and Tim Bromley-Martin.
Mr Grainger joins the city centre firm as an investment and asset manager after nine years with Birmingham business Wesleyan Assurance Society where he oversaw in excess of £175 million transactions.
He was part of a team actively managing a £425 million UK property portfolio consisting of retail, industrial and offices.
Mr Bromley-Martin is the firm's new asset manager and has more than 15 years of experience with property asset management companies based in London, working nationally across office, retail, industrial and residential.
He became a partner at the age of 30 at Lawson & Partners and has worked at Black Country outfit London & Cambridge Properties and EPIC Property Asset Management prior to relocating to Birmingham.
In their respective new roles, the pair 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. Colmore Capital's current portfolio includes the Quartz Point office complex in Solihull and industrial estate AMH 55 in Aston.
Co-founder David Corridan 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."
Mr Grainger 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.
"While this does have its challenges, I'm looking forward to developing my skills in this area."
Mr Bromley-Martin added: "It is an exciting time to be joining and contributing 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."
