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June 2, 2020

Ex-Peverel CEO Nigel Bannister sets up Freemont Property Management

The Acqua site on the Poole waterfront is now managed by Freemont Property Management, headed by former senior Peverel executives

The Aqua site on the Poole waterfront is now managed by Freemont Property Management, headed by former senior Peverel executives

Former leading executives of Peverel have set up a new company, Freemont Property Management.

Headed by former Peverel CEO Nigel Bannister and former head of Peverel Retirement Keith Edgar, the company is registered to an office in Lymington in Hampshire.

It has already secured the management of the large Aqua site on the waterfront in Poole, Dorset.

Nigel Bannister and Keith Edgar are joined by Peverel executives Philip Cummings and Kevin Barr, the former Peverel head of estate accounts.

Last week residents were astonished to read on the Peverel Retirement website an article by Kevin Barr dated in June this year.

They assumed that Kevin Barr had returned to his former employers and contacted Campaign against retirement leasehold exploitation.

But Mr Barr had not returned: the post giving his name and job title was “an IT glitch”.

“Kevin left his role as group head of estate accounts at Peverel to pursue other opportunities,” Peverel explains.

Nigel Bannister is noteworthy for his ill-timed newspaper interview in November 2009, after Campaign against retirement leasehold exploitation activists had aroused the interest of the authorities in the Cirrus collusive tendering operations.

Nigel Bannister was quoted in the Times saying: “People are reading a conspiracy into a problem that isn’t there. We use Cirrus because it is an excellent service.”

A fortnight later  Peverel was admitting just such a conspiracy to the OFT.

Winning the management of the Aqua site in Poole, formerly managed by Remus, is quite a coup for Freemont Property Management. It was appointed by freeholder RMB Trading Ltd.

Freemont Property Managers has taken over the Aqua site from Remus.

“The proposed company [Freemont] is a new player in the game, but we are assured that the people involved are very experienced in the business,” says the residents’ association website, www.aquaresidents.co.uk (admin@aquaresidents.co.uk)

Comments

  1. The records at Companies House show Nigel Bannister was a company director during 2008 and 2009 of :

    Peverel Management Services Ltd ( Co. 01614866) until 31 Mar 2011.

    Cirrus Communications System Ltd ( Co. 01444995) until 31 Mar 2011.

    Peverel HMF Ltd ( Co, 96776392) until 31 Mar 2011.

    Nigel Bannister is NOT entitle to claim ” People are reading a conspiracy into a problem that isn’t there “.since he was a director of Cirrus in Nov 2009.

  2. From the records of annual returns filed at Companies House , the directors common to all subsidiary companies within the Peveral Group during 2008 and 2009 include :

    Nigel Bannister until : 31 Mar 2011

    William Procter until: 14 Jun 2010

    Michael Gaston until 14 Jun 2010

    David Edwards until 14 July 2011

    Chas McGill until 22 Mar 2011.

    You can confirm the directors details by search at http://www.companieshouse.gov.uk .

    [REDACTED …]