Strong Returns

More than £4.5 billion of asset acquisitions and sales over many years of top-tier experience. Proven track record of market outperformance.

We are dedicated to making investments and delivering strong returns for our clients through expert investment and asset management in Central London commercial real estate and across the UK.

Our team has genuine traction in the property investment market and a proven track record of return delivery.

Our focus is in identifying, acquiring and asset managing to add value to Central London commercial real estate providing full advice and reporting to clients throughout the investment period, including all necessary asset management and support in investment and divestment.

Capital Advice

We provide advice and full execution capability for clients and partners making investments in Central London commercial real estate.

Our investment team – led by Richard Linnell and Gerry Ritchie – has a solid record of delivering outperformance in the Central London commercial real estate landscape.

We find and target assets from which we are able to create added-value by active asset management or repositioning.

Our focus on the London commercial market comes with an impeccable history of:

  • Outstanding track records in investment and asset management
  • Extensive market knowledge and contacts
  • Full access to on and off-market opportunities

Our Team

Investors benefit from the full depth of our team leaders’ many years of unparalleled expertise in procuring and managing London commercial assets and in the capital markets.

Richard Linnell was part of a market-beating team when he was Head of Investment Management of the London portfolio of Land Securities Group plc during which time he led the team that:

  • Grew the London Portfolio to a mean value of £7.3bn
  • Transacted more than £4.5bn of asset acquisitions and sales between 2004-2011
  • Outperformed the IPD Index by +2.5%, +4.7%, +2.0% for 3 years from 2006/2009

This hard-earned respect, the exclusive relationships they’ve forged nationally and internationally, and the contacts they bring are now brought to bear exclusively for Recore’s clients, giving them exceptional access to both off- and on-market property transactions and first-class ongoing asset management and investment returns.

Richard Linnell

Richard is a Director of Recore and responsible for investment performance and asset management.

He is an investment manager with a highly successful track record in Central London real estate assets.

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Richard is a widely known and highly respected player in the London investment market, with extensive contacts and market acumen, able to source on and off-market deals.

This experience, plus his deep, wide seam of market contacts, and his reputation for integrity and reliability, gives access to rare opportunities and has earned him significant credibility in the market.

Before joining Recore, he was Head of Asset and Investment Management at London and Regional Properties.

Previously he was with Land Securities Group plc - a FTSE 100 company and a major UK REIT - for twenty-two years.

From 2004-2011 was their Head of Investment Management, with operating board responsibility for the London Portfolio (mean value £7.0bn).

Previously, he had 14 years of Director investment and asset management roles at Land Securities, during which time he was also DB Fund chair for four years, and spent a decade running the Group’s secured borrowing.

Before that he was a Senior Assistant at Richard Ellis (now CB Richard Ellis) GP Division where he specialised in commercial investment, public flotations, bids, valuations, receiverships and insolvency.

Richard is a B.A. and M.A. from Cambridge University, and is professionally qualified as a Chartered Surveyor, FRICS.

Gerry Ritchie

Gerry has wide international business experience and an extensive network of contacts across the global investment community. His expertise covers real estate investment, international capital markets and management consulting.
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Prior to joining Recore, Gerry spent five years as a director at Müller International, a London-based property firm, sourcing and managing core UK office investments for international institutional and high net worth investors. Previously he served as a director of an award-winning niche investment manager Mulvaney Capital, helping establish the firm in its early stages.
Since 1995, Gerry has undertaken many business consulting roles, providing strategic advice and support to investment management companies and international capital markets. His projects spanned over twenty countries across Asia, the Americas and the Middle East, including four years based in Hong Kong, and a role as CEO of a start-up stock exchange in the Bahamas.
Earlier in his career he held a range of senior manager and professional positions in the London Stock Exchange’s listing, market supervision, and business planning departments, including a period seconded to the Listing Division of the Hong Kong Stock exchange.
He is a graduate of the University of Manchester with a Joint Honours degree in Law & Accounting .

Alessandro Bronda


Alessandro is an experienced investment and fund manager with a strategic management and research background. He has a strong record in London and UK and across other European markets.

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Before joining Recore, from 2014 to 2015 Alessandro was Head of Global Real Estate Investment Strategy and an Executive Director at Zurich Insurance Group, responsible for global real estate strategy including implementing cross-border investments, transaction sourcing, analysis and asset management.

From 2010-13 he was Head of Global Investor Solutions at Aberdeen Asset Management in Brussels, responsible for advising clients considering investing in real estate and for business and product development, and was a Board member for Aberdeen’s Multi-manager funds. From 2005-10 he was Head of Global Investment Strategy at Aberdeen Property Investors, responsible for investment strategies for the European and Asian funds and segregated accounts.

Earlier in his career he was Head of European Reasearch at Catella Property Group in Brussels, and Senior Researcher at Security Capital in London & Brussels; he also had senior research roles at Eurostat (European Commission) and Ifo-Institute for Economic Research in Munich.

He is a graduate of Ludwig-Maximilians-Universität, Munich, Germany, with an MA Degree in Economics and is professionally qualified as a Chartered Surveyor, MRICS

Principal Transactions

Some examples of Recore’s team transactions are set out below:

New Scotland Yard

Landmark building in Westminster

67% £124M

Vintners Place

263,000 sq ft landmark City office building


Red Lion Court

138,000 sq ft Thames-side office building


Times Square

A 367,000 sq ft City office building


Portman House

Leasing of 102,000 sq ft of offices in this 139,000 sq ft building on Oxford Street


Park House

387,000 sq ft building on Oxford Street


Devonshire House

180,000 sq ft trophy building on Piccadilly


1 Wood Street

165,000 sq ft City building


Thomas More Square

333,000 sq ft of office and ancillary retail




162-168 Regent Street London W1B 5TB


EMAIL: richard.linnell@recorelondon.com TELEPHONE: +44 (0) 20 7734 7696 MOBILE: +44 (0)7799 035055


EMAIL: gerry.ritchie@recorelondon.com TELEPHONE: +44 (0) 20 7439 8964 MOBILE: +44 (0)7968 017864