– UK, London – British Land Company PLC (LON: BLND) today announced the appointment of William Rucker to its Board as a Non-Executive Director and Chair-Designate effective on 9th July 2024, to succeed Tim Score as Chair at that time.
William Rucker will also join the the Nomination Committee as Chair.
About William Rucker
Since January 2023 William Rucker has been Chair of Intermediate Capital Group plc. Having been in place since October 2018, he will step down as Chair and a member of the Board of Marston’s Plc prior to taking up his role at British Land. He was most recently Chair of Lazard in the UK, an investment bank focused on asset management and financial advisory businesses, which he joined in 1987 from Arthur Andersen where he qualified as a Chartered Accountant. William has extensive experience in the real estate sector having previously been Chair of Crest Nicholson Holdings plc (2011-2018) and Quintain Estates and Development PLC (2009-2015), where British Land’s CEO, Simon Carter, was Finance Director from 2015-2017.
William Rucker said “I have long admired British Land as a company with a terrific heritage and am delighted to be taking on the role of Chair. It is a fantastic business with a strong track record and a highly effective team at its helm. I look forward to working with the Board and the team as we take the business forward”.
About British Land
Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £12.7bn (British Land share: £8.7bn) as at 30 September 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 62% of our portfolio.
Retail & London Urban Logistics accounts for 38% 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, partnering to grow social value and wellbeing in the communities where we operate and Responsible Choices, advocating responsible business practices across British Land and throughout our supply chain, and maintaining robust governance structures.
SOURCE: https://www.britishland.com/
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