British Land Co PLC Directorate Change (9489P)
February 23 2021 - 1:00AM
UK Regulatory
TIDMBLND
RNS Number : 9489P
British Land Co PLC
23 February 2021
British Land appoints Loraine Woodhouse as a Non-Executive
Director
23 February 2021
The Board of The British Land Company PLC ("British Land") is
pleased to announce the appointment of Loraine Woodhouse as a
Non-Executive Director, with effect from 1 March 2021. Loraine will
chair the Audit Committee from 31 March at which time Preben
Prebensen will step down from his role as interim Chair of Audit
but remain a member of the Committee.
Loraine has been Chief Financial Officer of Halfords Group plc
since 1 November 2018. Prior to joining Halfords, Loraine spent
five years in senior finance roles within the John Lewis
Partnership. In 2014 Loraine was appointed Acting Group Finance
Director and then, subsequently, Finance Director of Waitrose.
Prior to that, Loraine was Chief Financial Officer of Hobbs,
Finance Director of Capital Shopping Centres Limited (subsequently
Intu Plc) and Finance Director of Costa Coffee Limited. Loraine's
early career included finance and investor relations roles at
Kingfisher Plc.
Commenting on the appointment, Tim Score, Chairman of British
Land, said:
"I am delighted to welcome Loraine to the British Land Board and
as Chair of our Audit Committee. She has extensive experience
across all finance disciplines and has worked within many different
sectors including real estate and retail".
Loraine has no other disclosures to make pursuant to LR 9.6.13
R.
Enquiries:
Investors & Analysts: Joanna Waddingham 07714 901 166
Media: Charlotte Whitley 07887 802 535
About British Land
Our portfolio of high quality UK commercial property is focused
on London Offices and Retail around the UK. We own or manage a
portfolio valued at GBP13.7bn (British Land share: GBP10.3bn) as at
30 September 2020 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 Offices portfolio comprises three office-led campuses in
central London as well as high quality standalone buildings and
accounts for 65% of our portfolio. Our Retail portfolio is focused
on retail parks and shopping centres, and accounts for 31% of our
portfolio. Increasingly our focus is on providing a mix of uses and
this is most evident at Canada Water, our 53 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.
Further details can be found on the British Land website at
www.britishland.com
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END
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