Quadrant, the independent UK real estate asset management and development company, has appointed Patrick Waters and Jeremy Lacey as development directors.
Waters and Lacey both join from Chelsfield, where they worked together to develop a range of high-quality schemes across London.
Waters has over 35 years’ experience in the UK property market, with the last 15 spent implementing large complex mixed-use developments in central London.
Most recently, he was Chelsfield’s London development director, where he was responsible for the K1 Knightsbridge development, a 330,000 ft2 (30,650 m2) scheme with a GDV of over £700 mln (€818 mln).
Prior to that, he was a partner at Southern Properties Group, where he built up a mixed-use development and investment portfolio, and a partner at Donaldsons.
Lacey previously worked with Patrick at Chelsfield overseeing the delivery of the K1 Knightsbridge development amongst others.
He has over 20-years’ experience in the real estate industry, and before joining Chelsfield also worked at The Southern Properties Group for seven years, focusing on development and investment management.
At Quadrant, they will both work on the firm’s existing central London office projects, including YY London, the new green workspace in Canary Wharf, and OSMO, a sustainable 166,000 ft2 nature-focused workspace in Battersea, as well as exploring new office and mixed-use opportunities.
Tristram Gethin, partner at Quadrant, said: 'Patrick and Jeremy have a long track record of working together successfully.
'Their experience will complement that of our existing colleagues and it’s great to have them working with us. As we look to explore additional opportunities in central London and grow the team further, their senior counsel will be a valuable resource.'
Added Waters: 'Some exceptional opportunities exist in the London market currently and Quadrant has the team, network and backing to be able to explore and take advantage of them.'
Said Lacey: 'The YY London and OSMO schemes demonstrate Quadrant’s exceptional ability to develop buildings that set a new benchmark for London offices in terms of technology, sustainability and modern working practices.'
