Toby Pentecost

As Senior Vice President, Toby Pentecost leads Trammell Crow Company’s (TCC) UK Office Development team. Based in London, he has overall responsibility for the office development and investment activities across the UK, while driving the identification and execution of new opportunities to expand TCC’s presence and development business in London and key UK markets.

Prior to joining TCC, Toby was the co-founder of Candour, a privately owned operating partner and development manager specializing in development and asset management of highly complex commercial projects in London and across the U.K. As co-founder and shareholder in Candour, he was responsible for the sourcing, structuring, and management of new developments and acquisitions through all phases of the development process including feasibility, concept planning, entitlement, design, financing, construction, leasing, and monetization.

At the point at which TCC acquired Candour in October 2023, it had a combined 850,000 square feet of commercial development and asset management assets either ongoing or in pipeline. In the five years since co-creating Candour, Toby developed strategies for and/or delivered real estate activities with a cumulative GDV of over £0.5bn. He has over 20 years of business experience with a focus on offices sector and strengths in deep understanding of occupier trends and markets.

During his time at Candour, Toby was instrumental in the origination of several key deals in London and U.K. markets, including:

• Welcome Building (215,000-square-foot speculative office development in Bristol with Tristan Capital Partners) GDV >£150m
• 39 Deansgate (150,000-square-footoffice development in Manchester) GDV >£100m

Prior to co-founding Candour, Toby held roles at Colliers International, Montagu Evans and Quadrant Estates, all in London.