Property services company Peverel Group’s top in-house lawyer Richard Bagley is to retire next month after six years.
Barrister David Edwards is to replace Bagley. Edwards joins Peverel from hotel operator De Vere Group, where he was chief legal adviser and company secretary. Edwards has previously worked in-house at Quaker Oats and Grand Metropolitan.
Peverel chief executive Nigel Bannister said in a statement: “The combination of commonhold and leasehold reform, together with new initiatives for property management, will result in greater reliance on property managers in the future. Peverel is poised to make a number of acquisitions and [Edwards] will have plenty of scope to make a practical contribution as a full member of the board.”
Group solicitor Bagley oversaw the growth of the property management and investment business to include more than 130,000 units in 2,500 developments under management. Bagley was also heavily involved in the government’s working group on reforming the commonhold and leasehold systems.
Edwards will be based at Peverel’s head office in New Milton, Hampshire. The company is a subsidiary of US-based property management giant Holiday Retirement.