People Moves

Property Investment House Expands Asia Business

Editorial Staff 16 June 2021

Property Investment House Expands Asia Business

The firm works with clients such as family offices and wants to step up its business in Southeast Asia. The new advisor, who used to be CEO of the Schroders Wealth business in Southeast Asia, is based in Singapore.

Sandstone, a UK-based private property investment and management firm, has appointed a former top Schroders executive, Simon Lints, as a strategic advisor, based in Singapore.

With a focus on building the investment business across the Asia-Pacific region, Lints, who was recently appointed as the Scottish Government Trade Envoy to Singapore, is a prominent and established figure in the wealth management industry in Asia. 

Lints was a founding member of the Singapore Scottish Business Association. He has served in senior roles at JP Morgan, Saudi International Bank, Strathclyde Pharmaceuticals, UBS and Credit Suisse. Most recently he was CEO of Schroders Wealth Management business, based in Singapore, responsible for Southeast Asia.

“Sandstone has been borne out of an established property and investment business in the UK and with a focus on the opportunities with the APAC market, it’s an exciting time to join,” Lints said in a statement yesterday. “We are well geared to work with HNWIs and family offices in Asia. They have strong connectivity with the UK.”

Sandstone was established in 2020 to provide dedicated asset management services to charities, fund managers and family offices. 

However, with plans for a re-brand of Grant Property to Sandstone this month (June), the company is investing in building its portfolios of high-performing residential properties overseeing the sourcing, financing, renovations, furnishing and management aspects for high net worth individuals, family offices and funds.

Peter Grant, founder of Sandstone and Grant Property, said: “Simon’s appointment is testament to our commitment to growing the APAC business and building Sandstone from a Singapore base. His in-depth knowledge of the wealth management industry and connections will ensure we are in a stronger position to capitalise on the market opportunities and our plans for growth.”

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