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London multidisciplinary real estate group GLPG has appointed Pankaj Vara as Joint Head of its Affordable Housing team, adding to what the business can offer developers, registered providers and investors across the sector.
Pankaj has more than 30 years of experience in property and development, with a career covering registered providers, consultancy and local government. He has worked in regeneration, planning and affordable housing, alongside developers, local authorities and registered providers, and has led joint ventures and large-scale development projects.
At GLPG, Pankaj will focus on affordable housing transactions, including the sale and acquisition of Section 106 opportunities, off-the-shelf housing, and land and package deals. He’ll also help spot new opportunities and bring together the partners needed to move affordable housing schemes forward across the UK.
Pankaj will work with Josh Weir, Joint Head of Affordable Housing, and Kate Davies, Non-Executive Director, as GLPG continues to grow its Affordable Housing team. Between them, they have experience in development, investment, social housing and regeneration, giving clients across the sector a wider range of expertise to draw on.
Pankaj Vara, Joint Head of Affordable Housing at GLPG, said: “GLPG felt like a natural fit for my background and the experience I can bring to the business, having worked in housing for over 30 years.
“The current market is challenging, but there are significant opportunities to bring the right partners together and progress much-needed affordable housing schemes. I’m looking forward to helping develop this area of the business.”
Matt Glazer, Co-Founder and Director at GLPG, said: “Pankaj’s appointment comes at an exciting time for GLPG, as the business continues to grow rapidly.
“His experience across development, regeneration, local government and affordable housing adds further depth to the team and complements the expertise already provided by Josh and Kate. Together, they strengthen the advice we can offer clients as we pursue new opportunities across the sector.”
Affordable housing is one of GLPG’s three core areas, alongside Capital Advisory and Investment & Development. Together, the teams give joined-up advice across the whole property lifecycle, from acquisition and planning through to funding and delivery.
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