Ribston Limited
Ribston Limited was established in December 2015 and is owner managed with no external shareholders.
James Havery
Former Director and co-head of the UK operational and management businesses of Hansteen Holdings plc; and prior to that the Senior Regional Director of the Ashtenne Industrial Fund.
Joe Havery
Formerly of Ashtenne Holdings plc where he was the key asset manager on the t3 Partnership. This was a trade park fund with institutional investors, launched in 2001 and then fully invested before being sold for £96m in November 2005, generating annual returns in excess of 25%. More recently he was the founder and owner manager of an advisory business.
Toby Mott
Formerly of Hansteen Holdings plc, where he held the position of Head of UK Finance, working closely with James and Joe in the setup, management and sale of Hansteen Property Unit Trusts I and II, as well as the investment in and management of the Ashtenne Industrial Fund Unit Trust.
Ribston was co-founded in 2015. The senior management comprises James Havery, Joe Havery, and Toby Mott. James and Joe have worked together for many years, originally dating back to their time at Ashtenne Holdings PLC in the early 2000’s, through it’s sale in 2005 to Warner Estate PLC, and onto Hansteen Holdings PLC in 2009.
James co-established, co-led and grew the Hansteen UK division whilst sitting on the Executive Management Board from a standing start to a portfolio of three large co-invested funds (including the taking back of the Ashtenne Industrial Fund from Warner), together with a sizeable balance sheet of PLC owned assets.
Toby joined Hansteen in 2011 where he held the position of Head of UK Finance, working closely with James in the setup, management and sale of Hansteen Property Unit Trusts I and II, as well as the investment in and management of the Ashtenne Industrial Fund Unit Trust.
Following the sale of Ashtenne to Warner Estate PLC, Joe worked as a consultant on the sale of a multi-asset portfolio in 2006; and started working with Toby, and James again in 2011 following Hansteen’s £80m acquisition of Kilmartin’s assets from Administrators. The acquisition pre-dated the assembly of Hansteen’s regional platform and working alongside James and Toby, Joe took responsibility for asset management of properties throughout the UK which led to widescale individual disposals.
RPUT: Ribston Property Unit Trust, was launched in 2016 and is an open-ended UK industrial focused property fund co-invested in and managed by Ribston Limited, a company established by recognised sector specialists with a proven track record. The fund has grown in a deliberate and measured manner as equity and debt has been deployed on an asset by asset basis rather than indiscriminately. Since inception, RPUT has continued to outperform against MSCI’s All Industrial Index, delivering strong and resilient income returns and market beating total returns.
A combined experience in excess of 90 years within the property industry, predominantly in the industrial sector.
Ribston was established to launch and participate in RPUT.
The Directors have an established track record of raising, investing and returning equity to institutional investors with real performance.
Focused and dedicated to RPUT with personal investment aligning themselves with investors.