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Real Estate News & Analysis: May Edition


Landsec names nonexecutive chairman; Octodec director steps down

S&P Global Market Intelligence presents a weekly rundown of recent significant management and board changes and personnel moves in the European real estate industry. The moves are listed by sector and by announcement date in reverse chronological order. The Asia-Pacific and North America Hires and Fires columns are published Tuesday and Thursday.

UK

* Landsec will install Cressida Hogg as nonexecutive chairman upon the conclusion of its July 12 annual general meeting. Hogg will succeed Alison Carnwath, who will retire from the board on the same day.

* Tritax Big Box REIT PLC named Richard Laing its new nonexecutive director May 16, effective immediately.

Laing will also serve as audit committee chairman, a role previously held by Jim Prower, and will become a member of the management engagement and nomination committees.

South Africa

* Akua Koranteng relinquished her position as an independent nonexecutive director of Octodec Investments Ltd. on May 10, having served in the role since September 2017. She was also a member of the real estate investment trust's investment and social, ethics, remuneration, and transformation committees.

* Msi Gani took a seat on the board of Hospitality Property Fund as a nonexecutive director May 8. Concurrently, Gani became a member and chair of the audit and risk committee.