Cortland Hires Cheyne Capital’s Development Director for European BTR Drive

US build-to-rent giant Cortland has hired Owain Thomas as senior director of development for Europe to lead expansion in the UK and Ireland.

Thomas joins this month from Cheyne Capital, where he spent five years as development director.

His appointment follows the recently agreed joint venture with Harrison Street to build a £750m secured pipeline of BTR projects.

Thomas will lead Cortland’s in-house development and design team and will be responsible for originating and delivering new BTR investments in the UK and Ireland, through ground-up development and forward funding deals.