TIM JOHNSON JOINS CHANCERYGATE
Posted on: July 31, 2015
Tim Johnson – one of the industrial property sector’s most respected experts and personality – is joining Chancerygate to expand the scope of the company’s development programme.
Announcing the appointment, Chancerygate Managing Director, Eddie Cook, said: “Bringing Tim into our business represents a major step forward for Chancerygate, and will increase the range of developments we want to initiate.
His expertise in working with larger scale projects is unrivalled and we believe Tim will add a new dimension to our market presence and complement our existing team. This will be an extension to our existing successful smaller unit industrial and trade counter offer. That model will continue in parallel to us becoming involved in larger scale opportunities”.
Tim Johnson started his career in 1984 with King & Co – which later became King Sturge and then JLL. He has worked with many of the sector’s leading institutions and property companies which included ProLogis, Legal & General, IDI Gazeley, and M&G Real Estate. In 2014 he was awarded the Industrial Agents Society’s Outstanding Contribution to the Industry award, and was an International Director at JLL before his departure in 2013. Recent projects he has worked on include DP World’s 10m sq ft London Gateway Logistics Park.
Commenting on his decision to join Chancerygate, Tim Johnson, said: “I left the agency world nearly two years ago, so am delighted to be offered this new exciting role in a sector l know well and that also provides new challenges for me.
I have known Chancerygate since it was formed in 1995 and am hugely impressed by their track record, dynamism, commitment and financial firepower. The company has already put itself at the forefront of the post-recession industrial development scene through its speculative development programme, and I think there is massive future potential to provide Grade A industrial space in locations where there remains significant demand and record levels of undersupply.
I’m very much looking forward to working with the Chancerygate team and making an integral contribution to an already successful business by identifying new opportunities in key UK locations”.
Chancerygate is currently scaling up on its announced £100m development programme and last year opened a Manchester office which has increased the company’s presence outside its core markets of London and the South East and will enable development in the ‘Northern Powerhouse’ locations.
It has been pursuing an active acquisition programme and is currently onsite developing 350,000 sq ft with a further pipeline of 760,000 sq ft.