UK-focused social infrastructure real estate investment manager Newcore Capital has appointed Christine Milne from PATRIZIA as finance director.
Milne, who was managing director at PATRIZIA and has more than 15 years’ real estate sector experience, will be responsible for the oversight of Newcore’s financial reporting and accounting.
She will be supported in her role by Emma Brierley who was appointed as finance manager in August 2023.
Neil Sarkhel, COO at Newcore Capital, said: “Following the close of our fifth value-add fund and the launch of our new core-plus fund, we have dedicated a lot of time and effort into hiring a strong team that can support the expansion of the business. We hope the growth and development of our team serves as a real testament to what we will achieve going into the new year.”
Milne added: “As a certified B corporation, Newcore Capital is a fund manager with a difference and its sustainable approach to capital management, combining low leverage with a governance-focused stance on fees and taxation, sees the business enter this new macro-cycle in a strong position. UK social infrastructure is an emerging but highly exciting asset class to be in, and I look forward to working with the wider team to help realise Newcore’s ambitious plans for 2024 and beyond.”
