Richardson (left) and Clay both have a quarter-century on the clock in property. Credit: Rushbond

Rushbond adds two to top team

The Yorkshire developer has strengthened its senior leadership, hiring Paul Richardson as head of strategic investment and Stephen Clay as head of construction.

Both are chartered surveyors with more than 25 years’ experience across property investment, asset management, building surveying, construction and development.

Joining as head of strategic investment – real estate, Richardson has worked across commercial property investment, asset management and development.

Previously holding senior roles at CEG and RPG, he has worked across diverse sectors and regions, covering acquisitions, disposals, development and asset management.

He will work alongside the established team to enhance the existing portfolio and pursue new investment and development opportunities.

Chartered building surveyor Clay has worked nationally, including roles with Commercial Estates Group in Harrogate, Leeds and London. His expertise spans construction delivery, building surveying, landlord and tenant matters, and property advisory work.

The appointments come as Rushbond celebrates its 40th anniversary, marking four decades of long-term investing in and transforming some of the region’s most distinctive buildings.

Its diverse portfolio spans office, retail, leisure, hospitality, education and residential sectors, including Leeds Corn Exchange, the Majestic, Brewery Wharf and Bank House in Leeds; the Herald Buildings and The Exchange in Harrogate and ongoing work at Wakefield Civic Quarter.

Jonathan Maud, chairman and founder of Rushbond, said: “Over the past 40 years, we have built a business with an exceptional track record, a distinctive portfolio and, importantly, a talented and committed team who understand and respect both the commercial and wider values of the places in which we invest.

“Whether we’re developing new homes and workspaces, re-purposing important heritage locations or reimagining existing buildings, we are driven by our shared ambition to ensure the beauty of our surrounding environment, both natural and built, is conserved and cared for, for future generations and communities to thrive in.

“The appointments of Paul and Stephen represent a further investment in the strength of our team. Their experience and relationships will complement the considerable expertise already within the business and help us build on the opportunities ahead.”

Richardson added: “Rushbond has built a fantastic reputation across Yorkshire, with a high-quality portfolio that reflects its commercial expertise, understanding of occupiers’ evolving needs and strong business values.

“What particularly attracted me was the opportunity to join such an experienced team, with the drive to build on an already impressive track record. I’m looking forward to helping maximise the potential of Rushbond’s existing assets while identifying new investment and development opportunities where our local knowledge and commercial judgement can add real value.”

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