New chairman takes over at REI

Will Wyatt has taken over as chairman of Birmingham-based Real Estate Investors on the retirement of Birmingham lawyer and businessman John Crabtree.

Also joining the board is one of the city’s best known property professionals Ian Stringer, currently principal of Avison Young in the global commercial property agency’s Midlands office in Birmingham.

Paul Bassi, chief executive of REI, said: “On behalf of the board of REI and all our staff, I would like to thank John Crabtree for his wise counsel during his time as chairman of the company.

“I am also delighted that Ian has agreed to join the company as a non-executive director.

“We are very much looking forward to working with Ian, who is one of the most respected figures in the Midlands property market and REI will benefit from his lengthy experience in the property sector and, in particular, the Midlands region."

Ian Stringer is a chartered surveyor whose career began in 1983 at Grimley and Son and he has stayed with the business in its various incarnations throughout his entire career. He has spent a total of 22 years on the board and was elected by the partners as non-executive chairman from 2005-2008 when GVA was incorporated.

Mr Stringer said: “I have watched REI grow under the direction of Paul Bassi and the board since it was founded in 2004. It’s geographical focus on Birmingham and Midlands region very much reflects my interests and I look forward to bringing my experience to bear on what is set to be a very interesting period in real estate as we emerge from the pandemic.”

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