Nuttall swaps St Modwen for DB Symmetry
Industrial developer DB Symmetry has appointed David Nuttall as development director in the Manchester office.
Nuttall joins the firm’s Manchester office from St. Modwen where he was involved in acquisition, disposal and development work across a range of sectors. Prior to St Modwen, Nuttall spent four years apiece with Knight Frank and Nolan Redshaw.
DB Symmetry has this year been taken over by Tritax Big Box REIT, which raised £250m through a share issue to take an 87% stake in the logistics specialist – a deal that will give it further firepower in the market, according to director Andrew Dickman.
Dickman said: “David is another solid recruit for db symmetry and sees our team in Manchester increase to 12 and 30 firm-wide. The sale to Tritax Big Box REIT means our appetite for acquiring and bringing sites forward for occupation will only increase. David has a sound understanding of the logistics market and we look forward to working with him as we enter the next chapter of our business.”
Nuttall said: “It’s exciting to be joining one of the sector’s most respected organisations and an office of highly regarded individuals as the business grows. I look forward to working on the significant speculative programme and robust pipeline of further development opportunities, as well as looking for further opportunities within the region.”
The development director role in Manchester had previously been held by Dan Burn, who left in June 2018 to become head of First Panattoni’s new Northern office.
