Property Group Launches Industrial Investment Vehicle

Stephen Harris

31 January 2006

Property investment manager Protego Real Estate Investors, have announced a collaboration with Roger Carey and John Keogan, ex-chairman and ex-managing director respectively of Industrious, to work on the creation of an offshore-based industrial investment company, Protego Industrial. Guernsey-domiciled Protego Industrial is funded by a consortium of investors including Royal Bank Scotland and the managers, will provide both equity and debt, and will invest in a mixed portfolio of industrial assets. The company will be run by a board in Guernsey chaired by Roger Carey, while John Keogan will be responsible for directing the investment programme from within Protego, where he will be supported by Protego’s investment and asset management teams. The property management and professional work will be carried out by industrial specialist Harris Lamb. Peter Wood, the ex-acquisitions director of Industrious has joined Harris Lamb and will liaise directly with Protego on the portfolio.