NCP appoints new property leads to accelerate growth plans

NCP - National Car Parks

NCP has appointed a trio of leads to its property team as the business seeks to continue to expand its footprint across the country. The business is seeking over 100 new sites in the coming three years as it invests in the expansion of its business in key city and regional hubs.

Nick Gravells has been appointed as Head of Property Asset Management as he makes a return to NCP. Nick was previously a Senior Regional Surveyor for the nation’s largest car parks operator before he left to join Costcutter Supermarkets Group where he was Head of Property and Estates. Nick will now take responsibility for the management of NCP’s portfolio and will work closely with developers and landlords to maximise the value of the business’ partnerships nationwide.

Adam Robson has been appointed as Head of New Build Property Development. His remit will be to work with land and property owners to develop Design, Build, Fund and Operate (DBFO) opportunities for new build car parks, as well as to consult on car park partnerships in the Local Authority sector. Adam joins from AKM Property Consultants where he was a director, having started his career at Deloitte.

Completing the trio, Rhys Jones has been appointed as Head of New Site Acquisitions with a remit to lead and manage the acquisition team within the property business at NCP. His role will mean working with property and land owners to secure new sites, ranging from surface sites to existing multi-story car parks, across all market sectors. Rhys has been dealing with acquisitions within NCP for the past few years and his previous experience is within care sector having worked for developer, Castleoak.

The team has joined to support NCP’s property portfolio growth plans. These plans include taking on new leases, as well as management contracts for existing and new car parks across a number of key regions. In addition, NCP may expand through the purchase of car parks and land for the construction of new, wholly owned car park facilities from landowners, as well as seeking to acquire car parking businesses.

Lee Holland, Property Director at NCP said: “Our new parent, Park24, has made NCP one of the best-funded operators in the business today and we have been given a remit to grow aggressively in the comings years.

“We already have a portfolio of over 500 sites across the country and with our well-funded, extremely strong covenant we’re looking at how we expand our geographical footprint and add more than 100 sites to our portfolio by 2020. With the depth of experience of our newly-appointed senior team, we are looking forward to achieving that goal.”

For more information on NCP’s portfolio expansion and details of its work in the property sector, please see our property page here.