Patrick Smith

Director of Acquisitions

020 7016 6046

patricksmith@frogmore.co.uk

Patrick joined Frogmore Estates plc in October 1998 working principally as part of the Investment Acquisition team and was extensively involved with the MBO in 2001 working closely with Paul White. Having initially gained experience with Norwich Union Fund Management based in London, Patrick joined King Sturge & Co., a real estate brokerage firm, as part of the National Investment Agency Team in 1990. In 1995, he moved to Moorfield Estates plc where he was responsible for acquisition and asset management of the property portfolio. During his time at Moorfield, the company expanded the value of its asset base from approximately £20 million to £250 million.

Patrick was extensively involved with the acquisition of a mixed-use portfolio from Refuge Assurance, a retail and office property at New Street Birmingham, the creation of the joint venture with Blackstone Real Estate Partners International and the acquisition and management of the Moorstone Portfolio and Arundel Great Court. In addition to the management buyout of Frogmore Estates, Patrick has been directly responsible for, or involved in, the following acquisitions: The Apsley Portfolio; The Meadow Portfolio; Bridgewater House, Manchester; Churchill House, Cardiff; WIRA House, Leeds; North Point Shopping Centre, Hull; Old Street, London; Devonshire Square, London; as well as residential transactions at Drayton Park, London and Romney House, London.

More recently, Patrick acquired for FREP I the portfolio of three shopping centres from HSBC, the industrial unit, "Rivet", Coventry, the office park at Foundation Park, Maidenhead as well as overseeing the purchase of the development opportunity at Wigmore Street, London and Altrincham Business Park, Manchester. For FREP II, Patrick oversaw the property due diligence for the Britannia Park Portfolio and was directly responsible for the acquisitions of Heyford Park and Marconi House, Strand, London. Patrick is a member of the Royal Institution of Chartered Surveyors and the Investment Property Forum.