Former fund management CEO joins London First Base
First Base, a London residential development company, has appointed Rupert Clarke as chairman and shareholder.
The former chief executive of Hermes Fund Manager joins the company as it looks to focus on securing private investment to capitalise on the upswing in the London residential market.
Clarke (pictured) has a long established real estate track record and also brings extensive business and financial markets experience to First Base.
Elliot Lipton, managing director of First Base, says: “The London residential market continues to demonstrate excellent growth potential and First Base is well positioned to capitalise on very healthy occupational demand for residential properties both to buy and to let.
“Rupert's appointment represents our interest in working with investors to seize these opportunities. In addition, he brings invaluable independent insight and experience to support myself and the First Base team during a very strong period of growth for the business."
Clarke says: "First Base has built a ten year track record of consistently profitable residential development in the London market. Its specialist focus on delivering quality and value in London's core residential markets sets it apart from others in the sector and this is a great opportunity to work with a team that is dedicated and passionate about the contribution it can make to its market place."