Goodstone Living appoints Construction Director and General Counsel

Goodstone Living, the specialist real estate investment manager established by Macquarie Asset Management to pursue opportunities in the UK’s build-to-rent sector, is pleased to announce the appointment of two senior leadersip hires – Construction Director and General Counsel.

Lee Hawkins has been appointed as Construction Director to lead all construction activities for Goodstone Living’s development pipeline. With over 25 years of experience, Lee has formerly held senior roles at Greystar Real Estate Partners, Westfield Group, Mace Group and Sir Robert McAlpine.

Lizzie Pennant has been appointed as General Counsel to be responsible for delivering strategic legal advice and risk management at Goodstone Living. Lizzie joins Goodstone Living from Greystar Real Estate Partners, most recently as a senior legal director, where she played a key role in expanding the business into Europe. Lizzie has previously held legal roles at Jones Day and Goldman Sachs (secondment).

Martin Bellinger, Principal at Goodstone Living, said: “ We are delighted to welcome both Lizzie and Lee to Goodstone Living’s senior leadership team. These high quality industry leaders are joining us at a pivotal point in the evolution of our business and we look forward to working together to build the leading investment manager in the UK’s build-to-rent residential sector.”

Lee Hawkins, Construction Director at Goodstone Living, said: “Goodstone Living has already made a big impact despite being around for less than a year, which arguably comes as little surprise given the reputation, experience and expertise encompassed by Macquarie and the business’ senior leadership team. I am excited to be joining Goodstone Living to build out its construction delivery function and look forward to starting with the two high profile site acquisitions in Birmingham and Edinburgh.”

About Goodstone Living

Goodstone Living is a specialist real estate developer and investment manager creating a better way to rent.

The full-service platform acquires, develops and operates high quality rental housing in London and key regional cities. The business’ senior management team has over 25 years average experience in the residential sector and extensive residential development and operational expertise.

The business is focused on delivering and operating the next generation of rental housing that integrates innovation, sustainability, wellbeing, and customer experience. Goodstone Living’s ambition is to become the UK’s leading specialist manager of build-to-rent residential communities and is seeking to assemble a best-in-class portfolio by acquiring stabilised assets, developing sites, forward fundings and corporate M&A opportunities.

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About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage more than £403 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including infrastructure and renewables, real estate, agriculture and natural assets, asset finance, private credit, equities, fixed income and multi asset solutions.

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie Group employs more than 17,000 people in 33 markets and is listed on the Australian Securities Exchange.

All figures as at 31 December 2021. For more information, please visit