DRUM Property Group has said it is eyeing ‘continued’ UK regional growth, following the appointment of Adam Russell as investment director.
The firm said Mr Russell brings a ‘wealth of experience’ of the residential market to Drum, having been at the ‘forefront’ of the rise of build-to-rent across the UK.
It added that he was responsible for the sourcing and acquisition of land and development funding opportunities for LGIM’s £5 billion UK build-to-rent portfolio.
Graeme Bone, group MD of Drum, said, “Adam is well known to the Drum team having completed some significant deals together in recent years. We are excited about the potential his appointment in this new role will bring to the business.
“He has a strong track record having transacted on over £2 billion of residential development and will bring further depth and market expertise to our management team as we continue to expand our development portfolio across the UK.”
Adam Russell added, “Drum is an ambitious and dynamic developer with a proven track record of delivering significant projects for institutional investors. I look forward to working closely with Graeme and the rest of the team at what is an exciting period of opportunity and growth for the firm.”