Development finance broker Addington has appointed David Watt (pictured, centre) as its senior adviser to lead the firm’s Asian investor network.
Watt’s appointment will build on Addington Capital’s existing relationships with investors in Hong Kong in its London office market.
Watt’s role will be in addition to his existing advisory roles in Hong Kong and London. He has more than 40 years of experience in the Asian and European markets, and has acted on the development and investment of commercial projects across more than 20 countries.
He also led the development team for China Central Place in Beijing and I-Square in Hong Kong.
Additionally, Watt has worked on fund strategy and set-ups in Korea and Southeast Asia.
Addington already has relationships with Hong Kong investors in London, where it is performing the asset management role on core Central London office buildings.
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Since October 2021, new leases have been agreed across seven separate transactions.
Martin Roberts (pictured, left), principal at Addington, said: “We believe there are some very interesting opportunities in the London office market at current pricing levels. We are also seeing increased investor interest in our two core strategies for London – ‘brown to green office repositioning’ in Central London and the conversion of offices to residential for sale or rent in Greater London.
“David will help connect us with Asian investors looking to access our asset and development management expertise in these two expanding and important areas of London real estate. We are excited to have him on board.”
