Former LSH director appointed to create OBI’s capital markets team

Former LSH director appointed to strengthen OBI’s capital markets team

Commercial real estate consultancy hires Scott Gemmell from Lambert Smith Hampton (LSH) following expansion of capital market department

OBI has appointed Scott Gemmell to head up its capital markets team, following a raft of new business wins.

Scott, who was previously a director and Head of Capital Markets at LSH in Manchester, will be joining the newly-expanded Transactions and Asset Management department – servicing OBI’s extensive client base, which boasts some of Manchester’s most high-profile developments.

Previously he was a director in JLL’s North West valuation team for 12 years, working on landmark schemes and developments such as St. John’s, Spinningfields, the NOMA estate, and Grosvenor’s Liverpool One.

Scott’s appointment brings Manchester-headquartered OBI’s headcount to 35 people, following five new hires across Q2 2020.

Scott said: “OBI’s reputation and client base is fantastic. There’s an incredible energy running through the core of the business with an uncompromising client focus, and this presented me with the right move at the right time.

“The firm has achieved so much over the past decade and I’m looking forward to being part of OBI’s future success.”

OBI co-founder Will Lewis said: “Scott is the final piece in the puzzle to our service offering; his knowledge of the market, coupled with his depth and breadth of experience, will be a fantastic asset for our clients.

“The sustained period of growth we’ve experienced has meant that building our capital markets expertise has been a natural progression, and there’s nobody better placed in the region to head up this growing division than Scott. We already have some exciting investment projects underway.”

Prior to his tenure at JLL, Scott worked at M&G Real Estate in London. He has advised clients including Aberdeen Standard Investments on their purchase of The Ivy & Oast House in Manchester and Rochdale Council on Rochdale Riverside.