Riverstone appoints first chief executive

Later-living developer Riverstone has appointed former London Executive Offices boss Jason Leek as its first chief executive. In his new role, Leek is leading the Goldman Sachs-backed  luxury developer’s work to build a £2bn portfolio in prime London locations. Leek was chief executive at LEO for two years. Prior to this, he spent 13 years at food and support services firm Compass Group, latterly as group strategy director. Riverstone, which gained backing from Goldman Sachs last year, develops flats for the over 65s looking to downsize in the city. As well as providing on-site and in-flat private healthcare, its developments aim to emulate the feel of a members club and residents have access to a spa, swimming pool, gym, restaurant, bar, hairdressers, housekeeping services, chauffeurs and a cinema. It is developing 352 homes on two sites in Fulham and Kensington and aims to grow this to more than 10 sites in the next four years. Leek said: “There has been a societal shift in the way that people want to live in retirement. This is leading to a huge increase in demand for premium senior living communities which provide best-in-class amenities and facilities for residents.” To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette