The latest update is out from British Land Company plc ( (GB:BLND) ).
British Land announces that Preben Prebensen will step down as Senior Independent Director effective 31 January 2025, after serving since 2017. Loraine Woodhouse, a board member since 2021, will succeed him. This change in leadership follows Prebensen’s key role in appointing the current Chair, William Rucker, and reflects a strategic transition within the company’s board. The leadership change is expected to sustain the company’s strategic direction and stakeholder engagement.
More about British Land Company plc
British Land is a UK-based commercial property company that focuses on real estate sectors with strong operational fundamentals, including London campuses, retail parks, and urban logistics. The company manages a portfolio worth £13.6 billion, with a focus on creating sustainable and outstanding places for stakeholders by utilizing its expertise in development, repositioning, and asset management.
YTD Price Performance: -1.05%
Average Trading Volume: 4,778,827
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.43B
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