Palace Capital appoints asset manager
Palace Capital, a Main Market listed property investment company witha diversified portfolio of UK commercial real estate in carefully selected locations outside of London, has appointed Tom Hood as an Asset Manager.
Hood will report to Executive Property Director Richard Starr and support the property team in deploying the Company’s strategy and maximising the potential of its GBP285 million portfolio. Hood’s appointment follows the addition of another Asset Manager, Abigail Rowton, to the team earlier this year.
Hood joins Palace Capital following five years at Mansford LLP where, in his most recent role as a Director in their Investment and Asset Management team, he was responsible for strategic asset management across a range of UK assets spanning the industrial, leisure, retail, offices, student housing, PRS and hotels sectors.
He started his career as a Graduate Surveyor at GVA in 2008, where he qualified as a Chartered Surveyor in their City of London Investment team before moving to BNP Paribas in 2013, where he was a Senior Surveyor. In this role, he was responsible for financial analysis, underwriting and development appraisals.
Richard Starr, Executive Property Director at Palace Capital, says: “Tom’s addition to the team comes at a pivotal moment for the business and we are excited to be boosting our asset management expertise. We strongly believe that as we continue to face the prevailing winds of this challenging market environment, our team is well positioned to continue to find opportunities to grow income and capital values on behalf of our shareholders.”
Hood is a member of the Royal Institution of Chartered Surveyors. He has an MSc in Real Estate from University of Reading and an LLB in Law from Durham University.