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Simon Carter is leaving British Land after 18 years to become CEO of P3 Logistics Parks, triggering a 2% share drop.
Simon Carter is stepping down as CEO of British Land after more than five years in the role and 18 years with the company, with plans to join P3 Logistics Parks as its CEO following a 12-month notice period.
He will succeed Frank Porschk at the European warehouse developer backed by Singapore’s GIC.
Carter led British Land through strategic shifts, including expanding retail parks and urban logistics sites, and was credited with strong rental growth in supply-constrained markets.
His departure prompted a 2% drop in British Land’s shares, and the company has begun searching for a successor.
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Simon Carter dejará British Land después de 18 años para convertirse en CEO de P3 Logistics Parks, provocando una caída del 2% en las acciones.