Specialist advisor and property management services provider Target Advisers has appointed Tim Kay as its investment director.

Kay was previously a member of PwC’s transaction team and has worked at Bank of Scotland. More recently, he was part of the team that launched Scottish Widow’s long term commercial real estate debt proposition.

Target Advisers managing partner Kenneth MacKenzie said: “We are always delighted to attract professionals of Tim’s calibre to Target Advisers and his appointment reflects the growth of the business in what has been a busy year. Tim’s experience will be vital as we continue to add modern, purpose built care homes to our portfolios at the attractive yield we aim to deliver to our investors.”