UK property firm Godwin Developments has promoted development directors Marcus Phayer, Simon Handslip and Simon Boreham to divisional managing directors.
The trio will help to expand the company’s portfolio and market share in the industrial and logistics, commercial and residential sectors respectively. The firm said the promotions “reflect the growth in both internal resources and pipeline capabilities”.
As heads of their divisions, the new managing directors will report directly to the board and “ensure better oversight of internal structures and resources”. They will continue to be based out of Godwin’s two main offices in Birmingham and Mayfair in London.
Phayer has helped to grow the business’ industrial and logistics’ pipeline to 3.6 million square feet with an estimated gross development value of £850 million. Handslip leads the commercial team at Godwin Developments and has provided “strong direction and brought a significant impetus” to deal and operator flow, the firm said.
With more than 20 years’ experience in property development, Boreham will lead Godwin’s residential division. He will oversee the business’ nationwide portfolio, which exceeds 4,200 residential units valued at £700 million.
Stuart Pratt, co-founder and board member of Godwin Developments, said in a statement: “Creating a new tier of managing directors, with direct access to the board, will enable us to make faster and more effective decisions within the business.
“With this calibre of talent within our leadership and experienced in-house team, Godwin is well placed to grow our market share across our core industrial and logistics, commercial, and residential sectors.”