Paul McAninch appointed CEO of Mactaggart & Mickel Group in Thames Valley

Published by

Stephen Emerson

Mactaggart & Mickel Group are to "significantly" expand their operations in the Thames Valley. Paul McAninch has been appointed as new CEO and charged with increasing the value of the firm's portfolio from £71m to more than £100m by 2027.

Significant investment in its South East portfolio of 11 sites is part of a wider investment strategy that will include growing the Group’s total English strategic land revenue by £33m over the next five years.

Mactaggart & Mickel UK strategic land team has more than 80 developments totalling over 3,500 acres in England and 2,500 acres in Scotland. This team has doubled in size over the last 18 months and last year worked on sites with capacity to deliver over 18,000 new homes.

Paul has worked for the Group for around 20 years and chaired their investments division from 2019, having invested in 74 companies with a total asset value of £8.4m.

A former Finance Director at the firm he also served as Managing Director of its Investment Fund and Chairman of its Investments Division.

Upon taking up the appointment he will retain his roles as a Board member of Shawfair LLP, non-executive director of prop-tech business iOPT and as an advisory committee member of the YFM Equity Partners Buy Out Fund I.

Paul told TBM: “It is an honour and hugely exciting time to be leading a well-respected and successful business with its eyes firmly on the future.

“Our approach builds on our track record in the Thames Valley, and other parts of the UK, where we have been active for some time.

“It reflects what our core purpose has always been: to provide quality housing for people in areas where they want to live. We aim to increase this activity significantly over the next few years as we grow the team and expand our footprint.

“By working with local councils, housebuilders and communities, we can unlock capacity to deliver new homes where they are needed.”

Paul McAninch CEO of Thames Valley Mactaggart & Mickel Group. Photo credit Distinctive Comms.

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.