Precede Capital announces that Nigel Webb has joined our Board in the role of Non-Executive Director.
The appointment of a leading figure in the UK construction industry further strengthens Precede Capital’s Board expertise. Nigel will also sit on Precede Capital’s Credit and ESG Committees.
Nigel Webb brings more than three decades of experience to Precede Capital, having led large-scale development projects at British Land, one of the UK’s largest property development companies. During his tenure as Director and Head of Development, Webb spearheaded a number of iconic London office developments, including the Leadenhall Building, the Willis Building, the Broadgate campus, Regents’ Place, Ropemaker Place, and Clarges Mayfair. He oversaw British Land’s activities throughout the UK and Ireland and across all sectors, including office, retail, residential, and logistics.
Randeesh Sandhu, CEO + Co-Founder of Precede Capital, said: “Nigel’s reputation and experience precede him, and we are delighted to have him join our Board. Nigel’s impressive tenure at British Land and experience supporting landmark, ambitious developments in multiple asset classes will be a vital advantage for our team as we continue to scale our business.”
Nigel’s deep industry knowledge and extensive network of contacts will assist Precede Capital’s specialist team as we continue to source, underwrite, structure and manage large-scale loans to finance complex developments across the residential for sale, BTR, later living and PBSA sectors. Since its launch in March 2021, Precede Capital has built a steady track record, having originated and arranged loans totalling almost £1.7 billion.
Nigel Webb, Non-Executive Director of Precede Capital, said: “It is a pleasure to be joining the team at Precede Capital at a time of significant growth for the platform. I look forward to supporting the Precede Capital team on loan selection and portfolio management, ensuring effective risk management across the lifecycle of our loans.”