Gatehouse Bank appoints new asset manager for real estate team

Gatehouse Bank has appointed John Coles as an asset manager in its real estate investment advisory team.

John joins the Bank from Hearthstone Investments, where he had been an investment manager responsible for a fund aimed at developing a portfolio of privately rented properties in the UK. He began his career in property as a surveyor, before moving to Mapeley Estates in 2014 where he worked as an asset manager for four years.

Gatehouse’s real estate investment advisory team sources, manages and advises on investments across the UK real estate market. This includes Build to Rent schemes and Private Rented Sector (PRS) projects, along with commercial deals for offices, industry, retail premises and student accommodation.

John will support the Build to Rent team in driving the performance of its growing portfolio of single family units and assist in the expansion of the Bank’s PRS business and Build to Rent funds.

He will report to Paul Stockwell, chief commercial officer at Gatehouse Bank.

Paul Stockwell, chief commercial officer at Gatehouse Bank, said:

“I am delighted that John has joined the Gatehouse Bank, his expertise and experience in the Build to Rent sector will make him a great asset to the team.

“Gatehouse’s activity in the Private Rented Sector and specifically the Build to Rent market has been expanding rapidly over the past few years, and 2020 is on course to be another busy year for the Bank.”

John Coles, asset manager at Gatehouse Bank, commented:

“Gatehouse has a proven track record of delivering and managing PRS and Build to Rent schemes. With both sectors expected to continue expanding over the coming years, this is an exciting time to join the Bank’s real estate team and be a part of a growing market.”