Sovereign Network Group appoints Guy Slocombe from Hyde to senior role

Sovereign Network Group (SNG) has appointed Guy Slocombe as its new chief investment and development officer.

Slocombe, currently chief investment officer at Hyde Group, will join 82,000-home SNG in February. He will succeed the experienced Tom Titherington, who is standing down in March following a transition period.

For the past five years Slocombe has led on the delivery of Hyde’s development programme and capital investment partnerships.

Before that he spent 30 years in commercial real estate consultancy and investment management.

His past roles include head of city investment at Nelson Bakewell and partner at Drivers Jonas, where he established and oversaw European institutional and private investor fund mandates. Slocombe was also chief executive of private equity-backed investor Clarenco and director of real estate and property fund management at Westminster City Council.

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SNG aims to build 25,000 new affordable homes in the next 10 years, which will be developed in line with its own Homes and Place standard.

Mark Washer, group chief executive at SNG, said: “Guy will join SNG at a pivotal time as we look to drive forward one of the sector’s most ambitious investment and development strategies. Guy’s invaluable experience, both developing homes and leading asset management, aligns perfectly with our approach of investing for the long-term so the communities who live in our homes can thrive over generations.”