Andrew Turton, the former UK managing director of Dutch investor Wereldhave, has joined Catalyst Capital as head of UK retail.
Turton has a remit to buy shopping centre investments with joint venture partners at the private equity firm.
He will also be responsible for overseeing the running of malls, including Houndshill shopping centre in Blackpool and the Stratford shopping centre in London.
During his tenure at Wereldhave, Turton led the circa £80m acquisition of the 530,000 sq ft Dolphin shopping centre in Poole from Grosvenor.
He was recruited by the Dutch property company at the beginning of 2010 as a joint managing director as part of the group’s plans to reweight its portfolio towards retail assets and almost triple its £180m UK portfolio to around £500m.
Turton began his career at Healey & Baker in 1993 before moving to Weatherall Green & Smith (now part of BNP Paribas Real Estate) and later to Jamie Ritblat’s Delancey, where he was in charge of retail acquisitions.
annabel.dixon@estatesgazette.com
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