MICHAEL LANDERS JOINS CHESTER PROPERTIES

Michael Landers, who established and ran the UK property private equity business for Cargill (now known as CarVal Investors) from 1997 until 2009, has joined Chester Properties, one of CarVal’s close operating partners, from the William Pears Group. Chester was set up in 1995 by Steve Lyall, and Michael and Steve first worked together on one of Cargill’s first UK deals in 1997. Various other successful joint ventures followed in both business space and retail, and most recently Chester concluded two transactions with CarVal in 2011/2012, buying 175,000 sq ft in 4 buildings at Stockley Park. The company also has assets under management for Columbus Capital, UBS and Chester Properties Third Investment Partnership.

Michael has comprehensive experience of Joint Venture structuring and financing, in addition to direct asset management, and will be focusing on developing new and existing relationships with investors as well as identifying and executing new investment and asset management opportunities.