Place Capital adds to board 

The fledgling regeneration firm has appointed Karl Eddy and Scot Morrison as non-executive directors. 

Eddy was most recently a senior partner at accountancy firm Grant Thornton before leaving in 2018, while Morrison is senior partner at law firm Pinsent Masons.  

The pair have joined newly established Place Capital Group to advise on the company’s pipeline of projects, which will focus on the regeneration of ageing housing estates in partnership with social landlords.

Morrison has experience advising public and private sector clients, including central government bodies such as Homes England and a variety of private developers, on structuring large-scale regeneration and urban development projects. 

Eddy, who has also had stints at Drivers Jonas before it merged with Deloitte, and KPMG, has been hired to support Place Capital’s corporate development and governance. 

Place Capital was formed earlier this year by David Smith-Milne and Peter Martin, former founder and chair respectively of Salford-based regeneration specialist Placefirst. 

Last month, the company announced the acquisition of Fourth Street Place Consultants, a boutique development consultancy, as part of its ‘buy-and-build’ approach.  

Eddy said: “Place Capital Group wants to create sustainable and thriving places that connect people with prosperity.  The unique combination of robust advisory and development and investment capabilities will provide a new model for project delivery at a time when Government’s focus has rightly shifted to tackling some of the most over-looked places of the UK.”     

Morrison added: “Place Capital Group is bringing real innovation to the comprehensive revival of our former council estates through its development partnering model. The output of this will benefit thousands of people through better quality, affordable homes set within renewed urban spaces.”