Manchester build-to-rent provider Sigma Capital Group Limited has announced the appointment of four new starters, following landmark growth of the business. Under its private BTR brand Simple Life, Sigma currently has over 5,000 homes completed and over 2,000 under construction across the UK. The new hires will be involved in directly driving the growth of the Simple Life portfolios, to meet the targets set by £3bn worth of direct regional investment.
The four new starters will sit across asset management and development. The Manchester office is the base of the asset management team. Nicola Prime has been appointed as assistant asset manager; her role involves maintaining high quality standards of properties outside of the warranty period. Gurpreet Saran also joins the asset team, as director of asset management – South. Gurpreet’s main responsibilities include delivering against business performance and controlling budgets and expenditure.
Two new regional development directors have been appointed, to help Sigma reach its target of building an additional 15,000-20,000 homes over the next five years. Kate Tuckey has been appointed to oversee the delivery of the Midland and South West schemes – five developments in total. Stuart Churchward has joined the business to manage the Southern region, working on delivery of schemes across London and the South of England.
Graham Barnet, CEO at Sigma Capital, said: “Following the acquisition of Sigma Capital by PineBridge Benson Elliot LLP, we set an ambitious target for the next five years. All four of our new team members are crucial to driving that growth, with each overseeing important elements of the business plan. We’re really excited for the next stage of progression towards our goals and we are proud to be in such a positive position despite the current financial climate.”
Gurpreet Saran said: “Sigma Capital is the market leader in BTR single family housing across the UK. I am excited to work with the business to grow and expand the London portfolio and ensure this is the highest performing BTR provider in the South.”
Stuart Churchward said: “Having worked with the Sigma London team during my previous role at Calfordseaden LLP, the opportunity to join an organisation with such ambitious and exciting growth opportunities was simply too good to turn down. I look forward to bringing my skillset to the team to assist with the delivery of targets.”
Sigma Capital has also made two new hires to the accounts team, based in Edinburgh. Nabeel Shafi joins as accounts assistant, whilst Michael Steven has been appointed Sigma financial controller.