Addington Capital appoints Operations Director for AddLiving

Addington Capital announces the appointment of an Operations Director for AddLiving, its residential lettings and management business.

Matt Pears has joined Addington Capital's sister company AddLiving as its new Operations Director | BTR News
Matt Pears has joined Addington Capital's sister company AddLiving as its new Operations Director.

Property investment and asset management specialist – Addington Capital – announces that its Founders, Martin Roberts and Matthew Allen, have appointed Matt Pears as the new Operations Director of Addington’s sister residential lettings and management business, AddLiving.

Matt joins AddLiving from Wildheart Residential Management Ltd where he was a Property Director. Wildheart RML manages 1,000 AST units and 4,000 leasehold units across the country on behalf of corporate and individual clients.

Matt was responsible for the operational performance of the tenanted, block and letting management, which included major works, compliance, onboarding and bespoke projects. He had additional direct responsibility for Building Safety Fund projects and the implementation of Building Safety Act legislation across the portfolio.

Matt was also responsible for the management and development of the property management teams based in Surrey, Eastbourne, Liverpool and Nottingham. Before joining Wildheart RML in 2016, he was a Senior Property Manager at Grainger PLC for over ten years.

“We are delighted to welcome Matthew to spearhead our residential lettings and management business. He has a strong track record and experience which will enhance our property management expertise. Addington has a history of both acquiring existing residential properties with its joint venture partners and converting other use classes into residential property. We have acquired or built over 2,800 residential properties in many major towns and cities across the UK since we set up the business.”

Martin Roberts, Director, Addington Capital

AddLiving was established in 2018 as a management and leasing platform for large PRS sites and portfolios in Greater London. As an independent company capable of taking on third party mandates, AddLiving has its own website and web-based management and leasing portal.

“Addington is looking to acquire further residential property portfolios with our Joint venture partners, including further PRS schemes. Having our own residential management and lettings platform gives us the control we need to ensure the delivery of successful investment strategies in the residential sector.”

Matthew Allen, Director, Addington Capital

In Q4 2023, Addington Capital and investor partner ICG started construction on the final phase of its Headingley Park Build to Rent scheme. The building – Stockdale House – will deliver an additional 70 units and is expected to complete in Q3 2024.

Once complete, the final scheme will total 222 units. It is managed by AddLiving.