Texton appoints UK asset manager

12th April 2018 By: Anine Kilian - Contributing Editor Online

JSE-listed real estate property fund Texton has appointed James Armstrong as asset manager to oversee its assets in the UK, effective May 1.

Armstrong previously held senior positions at Hammerson, Dawnay Day Carpathian and LREC. His extensive multisector expertise includes valuations, transactions, value-add asset management and development.

“His initial focus will include driving the asset management priorities, including the proposed Box Park and residential developments at Broad Street Mall, which is Texton’s single biggest asset in the UK, as well as leveraging opportunities across the portfolio,” MD Nosiphiwo Balfour said in a statement.