May 2011 news archive

IM Properties Appoints Finance Director

May 2011


Warwick-based IM Properties has appointed Adrian Clarke to the position of Finance Director.

Adrian (37) joins IM Properties from Baker Tilly’s Real Estate and Construction team which he lead across the southern region. His experience in the property sector alongside a financial pedigree that includes over ten years with BDO Stoy Hayward makes Adrian a strong asset to the growing IM Properties team.

Adrian’s role encompasses both overseeing IM Properties financial functioning alongside consolidating his role with Group Treasury Director Mike Adams who retires at the end of 2011.

Timothy Wooldridge, Managing Director for IM Properties commented: “We are delighted to have Adrian on the team as a Director who not only has an excellent finance background but also a thorough understanding of the property industry and our ambitions within it. Adrian’s expertise will enable us to successfully drive forward the strategic growth of the company and our increased role in international markets, drawing upon his experience to ensure we make sound and timely financial decisions.”

Adrian Clarke added: “I am delighted to have joined the team at IM Properties. The group has an excellent reputation in the market. With a strong balance sheet and dynamic management team, it is well positioned to capitalise on opportunities across Europe and the USA as they arise. Having focussed on the property side of the group initially, over the coming months I will be assuming the responsibilities of the Group Treasury Director, merging this with my existing role, and I look forward to further developing IM Properties’ relationship with the group’s key financial partners.”

Adrian trained and qualified as an accountant with Moores Rowland London office before joining BDO Stoy Hayward in 1999 as part of the merger of the two firms. Adrian’s experience encompasses a wide range of clients from Listed companies and large international groups to entrepreneurial owner managed businesses across a variety of sectors.

For the past eight years Adrian has focussed on the real estate and construction sector working with a broad range of clients from national house builders to regional investment companies.

Established in 1987, IM Properties Plc is one of the UK’s largest privately owned property companies, with ownership of over £550m of property within the UK, France, Germany and USA, the company’s land bank is in excess of 300 acres.

IM Properties is well known for its consistent deliverability and quality of its developments. This deliverability is reinforced by the fact that all developments are financed from existing cash resources.