British Land Co PLC Directorate Change (0296R)
24 October 2023 - 5:05PM
UK Regulatory
TIDMBLND
RNS Number : 0296R
British Land Co PLC
24 October 2023
British Land appoints Mary Ricks as a Non-Executive Director
24 October 2023
The Board of The British Land Company PLC ("British Land") is
pleased to announce the appointment of Mary Ricks as a
Non-Executive director, effective 1 November 2023.
Mary is a highly experienced real estate professional who brings
over 35 years' experience of the UK, European and the United States
property markets. She recently stepped down as President of Kennedy
Wilson, a global real estate investment company where she worked
for 32 years, overseeing the launch of its European business and
subsequent IPO in London in 2014.
In 2017 the European business was taken private creating an $8
billion global real estate investment and asset management platform
listed in the United States. Mary was Group President of the group
from 2018 to 2023, serving as a Board member with a focus on the
investment and asset management business.
Mary has set up her own family foundation which supports
educational and children's charities.
Commenting on the appointment, Tim Score, Chairman of British
Land, said: "We are delighted that Mary is joining the British Land
board. Her depth of real estate expertise across a variety of
markets will provide valuable insight as we continue to execute our
value add strategy."
There are no other disclosures to make pursuant to LR 9.6.13
R.
Investors
Sandra Moura 07989 755 535
Media Enquiries :
Charlotte Whitley, British Land 07887 802 535
About British Land
Our portfolio of high quality UK commercial property is focused
on London Campuses and Retail & London Urban Logistics. We own
or manage a portfolio valued at GBP13.0bn (British Land share:
GBP8.9bn) as at 31 March 2023 making us one of Europe's largest
listed real estate investment companies.
We create Places People Prefer, delivering the best, most
sustainable places for our customers and communities. Our strategy
is to leverage our best in class platform and proven expertise in
development, repositioning and active management, investing behind
two key themes: Campuses and Retail & London Urban
Logistics.
Our three Campuses at Broadgate, Paddington Central and Regent's
Place are dynamic neighbourhoods, attracting growth customers and
sectors, and offering some of the best connected, highest quality
and most sustainable space in London. We are delivering our fourth
Campus at Canada Water, where we have planning consent to deliver
5m sq ft of residential, commercial, retail and community space
over 53 acres. Our Campuses account for 63% of our portfolio.
Retail & London Urban Logistics accounts for 37% of the
portfolio and is focused on retail parks which are aligned to the
growth of convenience, online and last mile fulfilment. We are
complementing this with urban logistics primarily in London,
focused on development-led opportunities.
Sustainability is embedded throughout our business. Our approach
is focused on three key pillars where British Land can create the
most benefit: Greener Spaces, making our whole portfolio net zero
carbon by 2030, Thriving Places, making a long-lasting, positive
social impact in our communities, and Responsible Choices,
advocating responsible business practices across British Land and
throughout our supply chain, and maintaining robust governance
structures. Further details can be found on the British Land
website at www.britishland.com .
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END
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