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Schroders Capital strengthen Manchester real estate team

News Team, 26/11/2021

Investment manager Schroders Capital has strengthened its real estate team in Manchester with the appointment of Rob Prescott as asset manager.

Mr Prescott will be based in the Schroders Manchester office and will report to fund manager Phil Scott.

Mr Prescott was previously at real estate consultancy OBI Property for 2 years and has more than ten years of experience working in the north-west and wider regional commercial property market.

As part of his new role, Mr Prescott will support the real estate team on assets across mandates operating in the region. These include the recently awarded Greater Manchester Pension Fund mandate, Schroder UK Real Estate Fund, Schroder Real Estate Investment Trust and Schroders Regional Office Property Unit Trust.

Nick Montgomery, head of UK Investment, Real Estate, Schroders Capital commented: “Rob is well placed to support the growth of our Manchester-based team and his experience of working across the north-west and regional markets brings us even closer to the occupier and investment markets in which we are operating. We expect to make further hires in Manchester to support the growth of our UK business.”

 Earlier this month, Schroders Capital acquired acquire Cairn Real Estate, a real estate fund and asset management business based in the Netherlands.

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