Laura Jauhiainen, CFA, has been appointed as Vice President, Strategy and Investor Relations at Citycon as of 1 January 2021. In this role, she will lead Citycon’s new strategy function and support Citycon’s strategic transformation further towards a mixed-use real estate portfolio combining modern retail with residential, office and municipal service space.
As a part of this new role, Laura Jauhiainen will assume responsibility over the development of the Group’s business strategy processes and facilitating strategy work at Citycon. A central area of the strategic planning is the diversification of Citycon’s asset portfolio through residential and office development and continuing asset recycling initiatives.
Credit: British Land
British Land is pleased to announce that Bhavesh Mistry has been appointed Chief Financial Officer. Bhavesh is currently Deputy Chief Financial Officer at Tesco PLC, a position he has held for over two years.
Prior to that he spent more than five years at Whitbread PLC, where he was Finance Director of Whitbread Hotels & Restaurants. He has previously held senior positions in finance and strategy at Virgin Media and Anheuser-Busch InBev and qualified as a Chartered Accountant at KPMG.
Board change at Hammerson: James Lenton has informed the Board of his wish to step down from his role as Chief Financial Officer.
The Board has commenced a search for his successor and James will continue as Chief Financial Officer and as an Executive Director of the Company until his successor has joined.
McArthurGlen is pleased to announce the promotion of Nick Brady to Group Managing Director of Leasing. In this role, Brady will be responsible for overseeing all brand acquisition and asset management for the Group’s 25 designer outlets in 10 countries across Europe and in Canada.
In his new position, Brady will coordinate the leasing strategy for McArthurGlen’s entire portfolio which generates €4.5 billion in annual sales and comprises 675,000 square metres of GLA, along with a development pipeline that will deliver an additional 90,000 square metres of retail space.
Barbara Antonia Knoflach
Swiss Prime Site
Credit: Swiss Prime Site
The Board of Directors of Swiss Prime Site proposes Barbara Antonia Knoflach for election to the Board at the Annual General Meeting on 23 March 2021.
Barbara Antonia Knoflach was born in 1965 and is Austrian. Until 2019 she was Global Head of BNP Paribas Real Estate Investment Management (REIM) and Deputy CEO BNP Paribas Real Estate S.A. in Paris. Prior to that, she worked in the financial hub of Frankfurt in various management positions. At SEB Asset Management, BfG Bank and Deutsche Bank she gained many years of experience in the real estate industry as well as in finance and asset management.
Union Investment Real Estate Austria AG
Credit: Union Investment Real Estate Austria AG
Union Investment Real Estate Austria AG is expanding its senior leadership team. Petia Zeiringer has been appointed to the management board with effect from 1 January 2021.
She has been with the company since 2007, working in multi-asset portfolio management and most recently in risk management. As a new board member, Petia Zeiringer will be responsible for fund management and asset management. The three-member leadership team of the Vienna-based property fund manager also includes Kurt Rossmüller, who is responsible for investment management, and Manfred Stagl, who oversees risk management. Petia Zeiringer takes over board responsibility for fund management and asset management from Kurt Rossmüller, who headed up the areas on an interim basis since the beginning of 2020.
Hammerson announced the appointment of Mike Butterworth as a Non-Executive Director with effect from 1 January 2021. Mike will also become a member of the Audit Committee.
Mike brings 25 years’ experience in senior finance roles in FTSE 250, Small Cap and AIM businesses across a broad range of sectors including manufacturing, technology, communications, healthcare and beverages.
He was CFO of Incepta Group, prior to its acquisition by Huntsworth in 2005, and then Cookson Group until its demerger in 2012.
He also has extensive Board experience and is currently Non-Executive Director and Chair of the Audit Committee at Pressure Technologies Plc and at Stock Spirits Group Plc.
Credit: MERLIN Properties
MERLIN Properties announced changes in their management team to replace three key executives in the Company who will soon reach their retirement age.
David Brush, founder of MERLIN Properties and up until now Chief Investment Officer (CIO) of the Company, will retire on the 28th of February 2021, after nearly 40 years of his professional career devoted to the real estate sector, in which he has held positions of maximum responsibility in Bankers Trust Company, Deutsche Bank and Brookfield, before landing in Spain in 2014 on the grounds of MERLIN Properties IPO.
Javier Zarrabeitia, up until now head of the Office division, will retire on the 31st of December 2020, after more than 40 years of brilliant career in the office sector, having worked in Prima Inmobiliaria, pioneer in the listed property sector in Spain, afterwards in Testa, and finally in MERLIN Properties after the integration of both companies in 2015.
Landsec announced changes to its Executive Leadership Team in support of the company’s strategic growth plans.
The new team structure will lead the delivery of Landsec’s new strategy, announced in October 2020, which seeks to create value for all stakeholders and positions the company for long-term growth. The strategy is based on four priorities; Optimise Landsec’s central London business; Reimagine retail; Realise capital from subscale sectors; and Grow through urban opportunities.
As part of the new Executive Leadership Team structure, Colette O’Shea will assume the newly created title of Chief Operating Officer (‘COO’).