Baker appointed as Woodbourne Group’s investment lead

Birmingham-based Woodbourne Group has appointed a new chief investment officer as it expands its Midlands development pipeline.

Luke Baker joins the firm with extensive experience in large-scale property investment, having previously led real estate strategy at Tesco Pension Investment, where he oversaw more than £600bn in assets.

His appointment comes as the company plays a leading role in the £4bn Birmingham Knowledge Quarter, one of the UK’s largest emerging innovation districts. Woodbourne has also recently agreed a £400m joint venture with global investor Hines.

Tani Dulay, chief executive officer of Woodbourne Group, said: “Luke brings credible institutional investment experience that aligns with our growth plans. His track record at Tesco Pension Investment and Aviva Investors underpins a strong understanding of capital allocation, risk and performance, and strengthens our ability to deliver our pipeline at pace with disciplined execution.”

Baker will focus on securing funding, structuring deals and accelerating delivery across a pipeline spanning life sciences, housing and mixed-use developments.

Among its flagship projects is Birmingham BioCity, a £90m life sciences facility forming the first phase of the Knowledge Quarter.

“I am excited to be taking on this new role at Woodbourne Group at such an important point in its growth,” said Baker.

“Birmingham Knowledge Quarter represents a significant opportunity to deliver best-in-class space for innovation-led businesses and to reposition the district’s economic vibrancy and built environment. I look forward to contributing to its next phase of delivery and bringing forward other regeneration opportunities across Birmingham and the West Midlands.”