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Willet to spearhead national G&C Finance operation as landmark figures revealed
13/03/06
Having exceeded all predicted figures for its first year of operation, multi-million pound property funding specialist G&C Finance has appointed a National Managing Director to spearhead its future UK growth and strategic management.
Adrian Willet, who has 20 years experience in the Midlands and national marketplace, will head the 15-strong firm, which operates from headquarters located in Solihull. His appointment coincides with confirmation that, during the first 14 months of trading, a total of 50 residential and commercial land deals were secured, creating in excess of £300m of new development.
Adrian joins from Crest Nicholson where he was Development Director for three years and headed the team responsible for land procurement, design and planning. Prior to this appointment, he was Director of the Residential Development and Valuation Team at DTZ’s Birmingham office where he established a team of Chartered Surveyors and other residential specialists over a 10 year period.
Commenting on his appointment, Adrian Willet said: "The opportunity to head up the team at G&C Finance was too good to turn down. We are a young, hungry, property finance firm, operated by a core of experienced property professionals, who understand the exciting and dynamic prospects the marketplace has to offer. It has been a thrilling and fastpaced first year of business at G&C and we have an exciting programme of activity ahead, with a further £250m worth of development in the pipeline.
"Our agenda is set for the coming 12 months, with plans to expand into other regional offices later this year and move further into the areas of commercial and mixed use scheme funding. We are already the regional market leader, a position we shall continue to build on by strengthening our existing residential focus, while we aim to be the largest national property financier in the UK within the next three years."
Current lending is typified by residential projects that comprise between 10 to 50 residential units and in commercial terms over 20,000 sq ft. Particular emphasis will be given in 2006 to developing a presence in the South West, and an office covering the East Midlands, East Anglia and Northern Home Counties, while continuing to expand the company’s portfolio in Birmingham and the wider Midlands region.
Adrian added: "G&C is now moving to its the next phase of growth. It is the ideal time for me to come on board and direct the structure and co-ordination of the business by developing our portfolio. We will continue to be responsive and entrepreneurial to the benefit of all developers who spot potential and need a helping hand to make it grow."
G&C Finance was launched in November 2004 and has rewritten the rulebook for funding new developments offering creative and flexible financing solutions for a wide range of developers. It differs from industry competitors by providing 100 per cent finance for developments, both with and without planning permission.
The firm has already made an unprecedented impact on the national property market and the majority of projects generated to date have been secured due to the team’s expertise and extensive list of regional and national contacts.
G&C Finance will consider all projects with a projected gross development value in excess of £1 million, with no upper limit.
G&C Finance are 100% development funding & finance experts.