RBS GRG REAM appoints senior asset manager in Belfast
RBS GRG Real Estate Asset Management (GRG REAM) has appointed Jessica Way as senior asset manager.
GRG REAM is a specialist strategic real estate advisory platform created by RBS to provide restructuring and strategic asset management services in order to create value from real estate and real estate loans held within RBS’ global restructuring group.
Way will be based in Belfast and will be responsible for managing assets held by Ulster Bank in Northern Ireland. Reporting to Alan Mitchell, GRG REAM director in Ulster Bank, she will work to optimise RBS’ shareholder returns by maximising the value of GRG REAM’s property assets in Northern Ireland ahead of sale through property asset management, or working with the existing borrowers to add value to their real estate strategy.
Way joins RBS from Aviva Investors in London, where she was a real estate asset manager for the Aviva Investors Property Trust. She worked on schemes such as the Great Western Arcade in Birmingham, the Guildhall Shopping Centre in Exeter, the Upper Precinct in Coventry, St George's Shopping Centre in Preston, and retail parks across the UK.
Prior to Aviva Investors, Way spent two years as an asset manager at Cheval Properties, and four years at Cluttons, where she trained and graduated as a chartered surveyor. During this time she was seconded to the Crown Estate for seven months.
Helen Gordon, global head of GRG REAM, says: “Jessica has a proven track record of property asset management and will apply her considerable expertise to add value to our assets, before looking for exit solutions to optimise returns at the right time. This approach is integral to our aim of achieving maximum shareholder value from the assets held by RBS’ global restructuring group.”