Ashley Marks
Head of Real Estate
Ashley is a Managing Director of Excellion Capital, leading our Real Estate & Infrastructure business.
Ashley qualified as a chartered accountant at Deloitte, working with clients in the real estate sector, including British Land, before joining AXA Real Estate Investment Managers, where he gained institutional investment experience, and Mutley Properties gaining principal investment experience.
At AXA REIM, Ashley gained institutional investment experience as part as one of the UK’s largest commercial property owners with in excess of £6bn in Assets under Management. Ashley assisted in the integration of the £2bn CIS property portfolio in addition to being responsible for all covenant analysis and asset management initiatives including AXA’s alternative investments including JPUTS and various joint ventures.
Ashley left AXA to focus on principal investments as a Director of Mutley Properties, a family office investing in commercial property. Ashley has managed a portfolio of c. 30 assets with a Net Asset Value of in excess of £25 million across all key sectors: retail, office, industrial, leisure and residential. Ashley has been involved in all aspects of running the business including negotiations over bank financing, asset management, negotiation of JV arrangements, for income producing assets as well as development projects.
At Excellion Capital, Ashley has assisted a range of overseas investors identify and purchase a number of direct properties across the UK including offices, car parks, leisure assets as well as a data centre. Ashley was part of the team that advised the Izaki Group on its £265 million public takeover of Atlas Estates. Ashley has also helped clients raise senior, mezzanine and structured debt financings backed by hard assets.
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Institutional Experience:
- Worked at AXA Real Estate, one of the UK’s largest commercial property owners – in excess of £6bn AUM
- Assisted in AXA REIM’s integration of the £2bn+ CIS property portfolio
- Key link between fund managers and finance team
- Responsible for covenant analysis on any letting / purchase
- Responsible for analysis on any rent surrender and lease regear
- Responsible for alternative investments – JPUT’s, JV’s
Advisory Experience:
- Advised Mayer Real Estate on the £17m purchase of a mixed use scheme in Sheffield
- Advised Gatehouse Bank on the £25m purchase of a Tier III data centre in Andover
- Advised Mayer Real Estate on the £15m purchase of a 100,000 sqft office building in Manchester
- Advised Izaki Group on the £265m EV public takeover of Atlas Estates
- Advised Arazim on raising £26.5m to finance an offer to buy back outstanding bonds
Principal Experience:
- Managed a portfolio of c. 30 assets with a NAV of c. £25m across all key property sectors
- Asset management experience in lease renewals, regears, lettings, rent reviews, refurbishments
- Partner in JV’s for the development of UK residential accommodation
- Involved in JV’s for pan European investments
- Partner in JV’s for residential development projects in Germany and Israel
- Small scale investments in alternative private equity transactions