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British Land Co PLC on Monday said Chief Executive Officer Simon Carter is departing to join P3 Logistics Parks, the GIC-owned investor, manager, and developer of logistics properties in Europe. Carter joined London-based property investment company British Land in 2004, before leaving in 2015 to become Chief Financial Officer at Quintain Estates & Development and, later, Logicor. He returned to British Land as CFO in 2018 and was appointed CEO in 2020. British Land Chair William Rucker thanked Carter for ‘his significant contribution to British Land.’ ‘During his 18 years here across two stints he has achieved a huge amount, and as CEO has positioned the business for future success with a very strong management team and an exceptional London office campus and retail park platform.’ For his part, Carter said: ‘There is never a perfect time to move on, but I will be leaving the business with market-leading positions in London campuses and retail parks - both of which are benefitting from strong rental growth in supply-constrained markets.’ Carter has a 12-month notice period. The board of British Land will run a full process to appoint a successor, at which point a further announcement will be made, it said. Shares in British Land were down 2.3% at 403.20 pence each in London on Monday morning. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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