Tungsten Properties, the Leicestershire-based industrial and warehouse development company, has appointed Andrew Cox as Development Director to join its four-strong property team as it progresses its 800,000 sq ft pipeline of industrial and warehouse development.
Cox joins Tungsten Properties following 14 years as Development Manager at St Modwen Properties PLC and Rigby Group PLC.
In May 2017 on behalf of Rigby Group PLC, completed a prime, speculative 575,000 sqft B2/B8 scheme in Coventry, forward funded by and sold to M&G for £50 million. And, at St Modwen completed over 1,000,000 sqft of speculative new build and refurbishment schemes of existing trade park, mid-size industrial and distribution estates throughout the Midlands region, all fully let and successfully traded.
Commenting on the move, Andrew Cox says: “I’m excited to have joined Jeff and his team. Tungsten Properties is a dynamic and well-respected developer delivering high profile, modern, market leading schemes demanded by today’s occupiers. I look forward to working on the many planned speculative developments and specific schemes for occupiers and our investment partners, delivering industrial, distribution and roadside schemes in locations across the country.”
Jeff Penman, Managing Director of Tungsten Properties adds: “We are delighted that Andrew has joined our team. His consultancy and client-side experience give him detailed understanding of numerous industries and sectors which will benefit our customers. Our recent recruitment means that we are best placed to take advantage of the significant pipeline of development work to provide specialist logistics and warehousing to meet the demand from our customers whilst continuing our growth.”
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