Omer Weinberger

Avanton makes four new appointments

London based developer Avanton has promoted Omer Weinberger (pictured above) to chief executive and Peter Murphy to executive director.

Omer, who was formerly a managing partner, will be focusing on funding opportunities and expansion plans across the group.

Peter previously oversaw development delivery, but is now responsible for development, planning, design and procurement of all current and pipeline projects.

Avanton has also appointed Elizabeth Williams as completions manager and Sinead Fox as development analyst.

Omer commented: “Our expanded staffing will help to build our investment and sales after care activities, the latter important now that we have forward sold/reserved 50% of our flagship Coda development in Battersea. 

“In terms of our investment team, we are taking a long-term position on the enduring value of prime London real estate and we believe that there will be opportunities to acquire new sites and projects over the next 12-18 months which is part of our focusing on building our portfolio of London developments.” 

Avanton confirmed the forward sales and reservations at the flagship Coda mixed-use development in Battersea have generating £120 million worth of sales at values up to £1,404 per sq ft.

The investor-developer is currently marketing Coda remotely using 360-degree virtual tours and sales agents working remotely from home office liaising with applicants via video-calls, telephone and emails.

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