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C&R founder Martin Barber turns to Lathe

Martin Barber, founder of Capital­ & Regional, has joined the specialist shopping centre investor­ and operator Lathe Investments.

Barber has joined the firm as an equity partner, alongside Richard Tanner and Tim Cornford, to help lead a £500m investment drive into the UK shopping centre market.

Lathe will focus on middle-tier locations, targeting centres with asset management and development opportunities.

Lathe was founded in 1996 by Ian Knight and Richard Perrin. It co-owns and manages two shopping centres.

The company teamed up with asset manager Angelo, Gordon & Co to buy back the 340,000 sq ft Castlegate development in January for £27.8m.

Barber, 66, left C&R in 2008 after a slide in its share price at the start of the downturn. At the beginning of 2009, he founded Zenith Estates with son Jamie and Andrew Doughty.

Knight said: “Barber brings a wealth of experience, and contacts probably second to none. We see more opportunities coming our way where we can use our skills to add value.”

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