CPP ANNOUNCES EQUITY DIRECTOR APPOINTMENT

Richard Wright, Director at UK property consultancy Commercial Property Partners Ltd (CPP) has become a Shareholder at the firm.

Wright joined CPP in 2018, bringing with him a wealth of in-depth knowledge of the national capital markets, to head up the London based team. With particular expertise in brokerage across the industrial and logistics sectors in the UK, Wright specialises in the acquisition, development and disposal of commercial property on behalf of a variety of private high-networth individuals, major blue-chip plc corporates, funds, property companies and developers.

Since joining CPP, Wright has concluded over £1billion investment transactions alongside fellow directors, including the £98m acquisition of a Sainsburys distribution unit in Tamworth last year.

Wright will continue to lead and expand the national capitals market remit in his new position, focusing on the Logistics and MLI markets. Wright recently concluded deals with a number of key clients including Cabot, ARA Dunedin, Columbia Threadneedle, Clearbell, Industrials REIT, Vengrove and Railpen.

Commenting on the announcement, Wright said: “CPP offers a highly entrepreneurial and industrial focused firm, which I am proud to be part of.

“I am excited about the ongoing development and ambitious growth aspirations of CPP over the coming years in my new role as Equity Director, spearheading our capitals market offering.”