Edinburgh-based Resolution Therapeutics appointed Paul Sekhri as chair, replacing Lisa Bright.
PharmaOctopus Real Estate: Michael Toft
Real estate lender and investor Octopus Real Estate has appointed https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png Toft as senior fund manager in its care home fund management team, responsible for day-to-day management.
Toft has more than 20 years’ real estate experience and joins from Lothbury Investment Management, where he spent over a decade as an executive director and senior fund manager, managing institutional real estate funds, implementing a growth strategy and expanding the flagship fund by more than threefold. Toft is also a is a member of The Association of Real Estate Funds’ environmental, social and corporate governance and impact investing committee.
Octopus Real Estate’s care homes team currently manages a portfolio of 77 modern, purpose-built homes, including 13 properties under construction, with a market value of more than £900 million.
Benjamin Davis, chief executive at Octopus Real Estate, said: “I am pleased to welcome https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png to the team. Having firmly established ourselves as a market leader in healthcare real estate, https://healthinvestor.co.uk/wp-content/uploads/2021/11/logo-social-1-2.png’s wealth of experience will enable us to continue growing our portfolio of vital high-quality care homes and create opportunities for investors and operators in a market that remains significantly undersupplied.”
Toft added: “I’m incredibly excited to be joining Octopus Real Estate and more specifically the growing care home team, which I consider to be a dynamic sector leader. I look forward to working with such talented specialists and helping to expand its portfolio of purpose-built care homes – all while maintaining a strong return record for investors and having a positive, measurable impact on society.”
Latest Executive Moves
Broken String Biosciences, has appointed Laurence Reid as chairman, and Brad Crutchfield as a non-executive director.
PharmaCare home provider Signature Senior Lifestyle has appointed Vishul Seewoolall as chief operating officer.
Social care