Directorate Change
24 February 2011
Directorate Change at SEGRO
SEGRO plc, Europe's leading industrial REIT, today announces that Ian Sutcliffe, Managing Director of its UK operations, has decided to leave the business and will step down from the Board at the Company AGM on 28 April 2011.
Ian Sutcliffe was appointed an Executive Director of SEGRO on 1 July 2008.
Ian Coull, Chief Executive said, "I would like to thank Ian for his leadership of the UK business. He has brought a focus to SEGRO's UK operations and leaves the business in a good position. On behalf of the Board, I would like to wish Ian every success for the future."
Ian Sutcliffe said, ''I have enjoyed my time at SEGRO and I am leaving the UK business in a much stronger position with a well balanced portfolio. I have been fortunate to work with a very capable team and I would like to wish SEGRO every success in the future."
For further information please contact:
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SEGRO |
Mob: +44 7702 910149 (24 February) Tel: +44 20 7451 9043 |
Alex Shorland-Ball
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Maitland |
Tel: +44 20 7379 5151 |
Liz Morley |
About SEGRO
SEGRO is Europe's leading provider of flexible business space. The Group is a Real Estate Investment Trust (REIT), listed on the London Stock Exchange. SEGRO's portfolio comprises £5.3 billion of predominantly industrial and warehouse assets concentrated in and around major business centres and transportation hubs such as ports, airports and motorway intersections. The Group serves over 1,700 customers spread across many geographies and different industry sectors. It has 5.6 million sq m of built space and a passing rent roll of £326 million (as at 31 December 2010).
This information is provided by RNS