Appointment of New Director

RNS Number : 5591V

Real Estate Credit Inv. PCC Ltd

16 December 2013

 



16 December 2013

Real Estate Credit Investments PCC Limited (the "Company")

Appointment of New Director

The Board of Real Estate Credit Investments Limited (the "Company") is pleased to announce the appointment of Mark Burton as an independent non-executive director with immediate effect.

Mark Burton has long experience of real estate lending and investing, having been Chief Investment Officer, Real Estate, at both Abu Dhabi Investment Authority and Abu Dhabi Investment Council, and Chief Executive Officer, Real Estate at United Bank of Kuwait.

He is currently a member of the Real Estate Advisory Board of Norges Bank Investment Management, adviser to Citic Capital Real Estate, a member of the investment committee of Internos Global Investors and a non-executive director of Value Retail plc. He was previously a non-executive director of London and Stamford Property and the Hudson's Bay Company.

Tom Chandos, chairman, said: "Mark has an exceptional perspective on global real estate, as well as deep roots in the real estate debt markets. I am delighted that we will have the benefit of Mark's experience and judgement, as Real Estate Credit Investments continues to grow its portfolio of real estate-backed loans and bonds following our recent capital raising."

No disclosures are required for Mark Burton in respect of paragraphs 9.6.13R 91) - (6) of the Financial Conduct Authority's Listing Rules.

For further information, please contact:

Public Relations:                             Henrietta Dehn                [phone]

Investor Relations:                         Nicole Von Westenholz                [phone]

 

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