Directorate Change

RNS Number : 1990W

British Land Co PLC

10 November 2017

 

British Land appoints Rebecca Worthington and Alastair Hughes as Non-Executive Directors

The Board of The British Land Company PLC is pleased to announce the appointment of Rebecca Worthington and Alastair Hughes as Non-Executive Directors and members of the Audit Committee, with effect from 1 January 2018.  

Alastair has over 25 years of experience in real estate markets.  He is a former director of Jones Lang LaSalle Inc having served as managing director of JLL in the UK, CEO for Europe, Middle East and Africa and then regional CEO for Asia Pacific. He is a Non-Executive Director of Schroders Real Estate Investment Trust Limited.

Becky has worked in the real estate industry at three property companies since 1998.  She is Group Chief Financial Officer of Countryside Properties PLC and a Non-Executive Director and Chair of the Audit Committee at Hansteen Holdings plc.  She is a former Deputy Chief Executive and Finance Director of Quintain Estates and Development PLC and was a Non-Executive Director of Aga Rangemaster Group plc.

The Board also announces that Aubrey Adams will step down from the Board on 31 December 2017.

Commenting on these changes, John Gildersleeve, Chairman of British Land, said:

"I am delighted to welcome two such experienced property professionals to the Board of British Land.  I would like to thank Aubrey for all his insight and support over the last 9 years and wish him well for the future."

Becky and Alastair have no other disclosures to make pursuant to LR 9.6.13 R.

Enquiries:
Investor Relations Cressida Curtis, British Land	020 7467 2938
Media Pip Wood, British Land Gordon Simpson, Finsbury	020 7467 2838 020 7251 3801
Company Secretary Bruce James, British Land Notes to editors	020 7486 4466

About British Land

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices.  We own or manage a portfolio valued at £18.1 billion (British Land share: £13.5 billion) as at 30 September 2017 making us one of Europe's largest listed real estate investment companies.

Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles - Places People Prefer.  We do this by creating great environments both inside and outside our buildings and use our scale and placemaking skills to enhance and enliven them.  This expands their appeal to a broader range of occupiers, creating enduring demand and driving sustainable, long term performance.

Our Retail portfolio is focused on Regional and Local multi-let centres, and accounts for 49% of our portfolio.  Our Offices portfolio comprises three office-led campuses in central London as well as high quality standalone buildings and accounts for 49% of our portfolio.  Increasingly our focus is on providing a mix of uses and this is most evident at Canada Water, our 46 acre redevelopment opportunity where we have plans to create a new neighbourhood for London.

Sustainability is embedded throughout our business. Our places, which are designed to meet high sustainability standards, become part of local communities, provide opportunities for skills development and employment and promote wellbeing.  Our industry-leading sustainability performance led to British Land being awarded a five star rating in the 2017 Global Real Estate Sustainability Benchmark for the second year running.

In April 2016 British Land received the Queen's Award for Enterprise: Sustainable Development, the UK's highest accolade for business success for economic, social and environmental benefits achievements over a period of five years.

Further details can be found on the British Land website at www.britishland.com 

 

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