Industrials is Stenprop’s UK multi-let industrial operating platform. Visit site

We are delighted to announce that we have appointed Paul Batho to the newly created role of Senior Development Manager.

Paul joins us after 18 years at St. Modwen, where he was responsible for the delivery of over 1m sq ft of new accommodation over a wide range of use classes. With us at Stenprop, he will be responsible for both sourcing acquisitions of operating assets which offer development and refurbishment opportunities, as well as assessing and managing similar activities across our 5.5m-sq-ft UK multi-let industrial (MLI) portfolio.  

"Paul has been brought on board as Senior Development Manager to help us execute on opportunities so we can maximise the value of our assets and better meet the requirements of our diverse customer base. In addition, Paul will play an integral role in sourcing and appraising new MLI acquisitions which offer both existing income streams and the opportunity for us to add value through refurbishment and development angles."

Julian Carey, Managing Director, said: "We have a strong pipeline of value-add initiatives including the development or refurbishment of over 100,000 sq ft of space within our existing MLI portfolio. Paul has been brought on board as Senior Development Manager to help us execute on opportunities so we can maximise the value of our assets and better meet the requirements of our diverse customer base. In addition, Paul will play an integral role in sourcing and appraising new MLI acquisitions which offer both existing income streams and the opportunity for us to add value through refurbishment and development angles.”

Paul Batho added: “Stenprop is a business which has clear ambitions to be the market leader in the UK MLI sector and has a proven track record of delivering against its objectives both in terms of the repositioning of the business and of providing excellent customer service. There are already plenty of value-add activities underway across the portfolio and I am looking forward to progressing these, while at the same time seeking new opportunities where the refurbishment and development expertise within our platform can be exploited to deliver modern warehouse space suitable for immediate occupation and a range of uses.”