Private rental sector (“PRS”) and Build to Rent (“BTR”) residential and urban regeneration specialist, Sigma Capital Group (“Sigma”), has strengthened its team with four new appointments across Manchester, London and Edinburgh, taking its full UK team head count to [50]
Following Sigma’s acquisition by pan-European private equity specialist, Pinebridge Benson Elliot, in June 2021 for almost £200 million, the next phase of growth will see Sigma deliver circa 15,000 – 20,000 new rental homes over the next five years. With an acceleration of this scale there is a requirement for more employees in all key areas, as well as on-site acquisitions.
Laura Pitcher and Danielle Toal both join the team in legal counsel roles, based in Manchester and Edinburgh respectively. Laura’s most recent appointment was property solicitor for national social housing provider, The Riverside Group. In her new role at Sigma, Laura will support the senior legal counsel with property focused legal work particularly focusing on Sigma’s sites in the regions.
In Edinburgh, Danielle will be dealing with the corporate law and banking requirements across all of Sigma’s interests including its own balance sheet, The PRS REIT plc and London BTR Investments, a JV between Sigma and EQT Exeter, working closely with property law focused colleagues to deliver the necessary development and investment debt needed to ensure the success and future sustainable growth of the group.
Mark Nicklin joins Sigma as site inspector based in Manchester but with a remit to travel the whole of the UK to all site locations. Mark joins the business from a contracts manager role at Taylor Wimpey.
Rob Mitchell will be based in Sigma’s London office as an investment and acquisitions graduate. Rob’s main responsibilities are to assist in expanding Sigma’s regional portfolio through the acquisition of various sites within the southern regions, as well as maintaining and managing relationships with existing partnerships.
Graham Barnet, Chief Executive Officer at Sigma, said: “These roles are all vital to our business as we continue to grow significantly. Since our acquisition earlier this year, the pace has increased exponentially, and this, along with the investment in the business, has meant that we can continue to expand across the whole of the UK with a number of new appointments.”