Oakland Securities, the Guildford-based property investment company, has appointed former Oracle Estates investment director Kevin Boylan to spearhead a £500m acquisition programme over the next three years.
In his role as managing director, Boylan - who also worked with the Zackay brothers at Topland - has been instructed to build a £150m portfolio in the next 12 months.
Oakland was founded in 1991 and has its ultimate holding company in the British Virgin Islands. Having substantial cash reserves, the company will target lot sizes ranging from £7m upwards.
‘Our strategy will focus on well located properties in major towns and cities with significant medium-to-long term growth potential.’ he said.
The acquisition programme will cover all property sectors offering major refurbishment and extension opportunities, along with adding value through reviews and lease re-gearing.