21st February 2017

Martin’s Properties today announced the appointment of Richard Bourne to the Board as Property Director to lead the growth of the company’s commercial and residential property portfolio. The Board is chaired by Neil Sachdev, non-executive chairman of Market Tech Holdings Ltd.

Richard joins from the RO Group where he was Investment & Development Director and Head of Property at RO Real Estate, responsible for over 1.1m ft2 of retail, office, industrial and commercial space.

Managing Director Tom Martin, commenting on the appointment, said “I am delighted to welcome Richard to join the executive team leading the growth and expansion of our business across London and the South East of England. His track record for identifying opportunities and delivering value through both development and active asset and customer management aligns entirely with our strategy for significant expansion and growth of our portfolio in the coming 5-10 years.”

Richard Bourne commented “Martins Properties has an enviable track record and core portfolio of prime assets. I am therefore very excited about the opportunity to join this excellent company and work with the team to deliver our significant growth aspirations. Over the next 5-10 years we will be seeking to release further value from the portfolio and grow the business through a selective and strategic risk-adjusted programme of disposal, acquisition, development, refurbishment and asset management.”

Martin further commented “Richard is the first in a number of key appointments intended to complement the existing Executive Team. ”