Property Partner announces new CEO

Press Release 12 April 2018

  • Experienced entrepreneur and business leader Marshall King appointed CEO, as Founder steps down
  • Dan Gandesha, Founder and outgoing CEO, will remain on the board and involved with the business
  • Change of leadership designed to position Property Partner for its next phase of growth following a strong 2017

Property Partner today announces that Marshall King will take over as the new CEO of the company. Mr King joins from SEO platform DeepCrawl and brings significant experience of growing venture capital backed companies in the financial services, property, and technology sectors.

Dan Gandesha, founder, has decided to step down as CEO but will remain in the company and as a member of the board. Dan is relocating to Ireland with his family at the end of the month.

The appointment of Mr King follows an extensive search led by a working group comprising of Mr Gandesha and Property Partner board members.

The change of leadership is designed to position Property Partner for its next phase of growth, and follows an impressive performance over 2017, with revenue growth of over 100% on 2016 and assets under management growth of over 75%.

Earlier this year Property Partner offered investors access to commercial property for the first time, and this followed the successful launch of purpose-built student accommodation onto the platform in the second half of last year.

Dan Gandesha, Founder of Property Partner, said:
“I want to extend my thanks to our 10,000+ highly engaged community of property investors, and the dedicated team at Property Partner. Together we’ve acquired nearly 900 apartments and houses worth over £115m, providing homes to nearly 1,000 tenants, and completely changed the way the British public invests in its favourite asset.

“I’m a first-time Founder and first-time CEO, and I’m proud of everything the Property Partner team has achieved over the last few years.

“I’m now really excited for Property Partner’s next phase of growth, and I know that Marshall brings the skills and experience required to take the business to a new level. I’ll be supporting him however I can.”

Marshall King, incoming CEO of Property Partner, said:
“My background spans property, data, financial services and online businesses, so to lead Property Partner is a perfect fit.

“Dan has done an outstanding job as Founder and CEO, bringing the business from nothing to a clear position as the UK’s leading property crowdfunding platform.

“UK property alone is a £7tn plus asset class that no serious investor can ignore, and has traditionally been difficult to access. Property Partner has shown that accessibility can be revolutionised through technology.

“I share Dan’s vision that Property Partner will become the trusted global property exchange for smart property investing in a wide range of sectors. I look forward to working with the talented Property Partner team to bring that vision into reality.”

Jo Oliver, Investment Director at Octopus Ventures said:
“Dan’s done a great job of starting and scaling this business. Building a global stock exchange for property investments is a tremendously exciting proposition, and we’re delighted to have attracted someone of Marshall’s calibre to lead the company into its next phase of growth.”


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