Tim Score. Image: British Land
Ticker

British Land: Board Changes

British Land announces that John Gildersleeve will retire as a non-executive director and step down as Chairman of the Company at the conclusion of this year’s AGM on 19 July 2019. John joined the Board as a non-executive director in 2008 and has served as Chairman since January 2013.

Upon his retirement John will be succeeded as Chairman by Tim Score. Tim has been an independent non-executive director of British Land and Chair of the Audit Committee since 2014. He was previously the Chief Financial Officer of ARM Holdings PLC and is currently a non-executive director at Pearson PLC and HM Treasury. From 2005 to 2014, he was a non-executive director of National Express Group PLC, including time as interim Chairman and six years as senior independent director. The succession process was led by the Nomination Committee, chaired by senior independent director William Jackson with support from Russell Reynolds Associates, an external search agency.

Upon becoming Chairman Tim Score will cease to chair the British Land Audit Committee. Rebecca Worthington, who has been an independent non-executive director and member of the Audit Committee since January 2018 will become its chair at the conclusion of the AGM on 19 July 2019. Rebecca is a Chartered Accountant and group Chief Operating Officer of Countryside Properties PLC and was previously a non-executive director and Chair of the Audit Committee at Hansteen Holdings plc.

John Gildersleeve said: “British Land is a great business, led by a team of exceptional people and it has been an honour to serve on the Board, especially as Chairman for the last 6 years. I am proud of the significant progress we have made as a team over that time and will step down from the Board in the summer with the business well positioned for the future. I wish everyone at British Land every success.”

Tim Score said: “It is a privilege to be appointed Chairman of British Land. Since joining the Board I have seen first-hand the significant progress the business has made under John’s Chairmanship and I am delighted to take on the role at such an important time for our business.”

William Jackson said: “The Board and entire British Land team would like to place on record our thanks to John for his significant contribution over many years and wish him well for the future. We are delighted that Tim has taken the role of Chair and as a Board we look forward to overseeing the next phase of the development of British Land under his leadership.”

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Special Issue “Going Forward!”

This online special will be available as a free download until April 25.

Castellana Properties to invest €15.6 million in expanding its food and leisure offering at Los Arcos

Castellana Properties has acquired a four-storey office building comprising over 4,600 sqm GLA from Aliseda. The building is adjacent to Los Arcos shopping centre and will now form part of an ambitious plan to transform and upgrade this space, with Castellana Properties set to invest a total of €15.6 million.

Finally a new date for Mapic Italy

Reed Midem recently announced that the event will take place on September 14 and 15, 2021 at a new location in Milan–the Superstudio Maxi.

Legal & General reimagines retail

With the much-anticipated reopening of non-essential shops finally here, businesses will be welcoming locals back into their stores. For one street in Poole, the 2021 easing of lockdown is particularly exciting: Poole’s Kingland Crescent has been completely revamped as part of LGIM Real Assets strategy to re-invent and re-position their retail places.

Mallson Polska acquires the EMPIK chain to C.H. Sekunda in Jędrzejów, Poland

The Empik chain will open its store in the region's largest retail and service facility, "Sekunda", in Jędrzejów. The store will occupy 170 sq m of leasable space.

The exhibition of painter Velimir Ilišević opened in Galerija Belgrade

The exhibition of painter Velimir Ilišević entitled „Striking roots“ is opened in the gallery space LAG within Galerija Belgrade. The series of paintings is a summary of Ilišević’s reflections on painting, while the choice of motifs symbolizes development and indicates his future achievements.