Leasing and consultancy business P-Three has paid tribute to co-founder Justin Taylor who has passed away.
Taylor, who was a highly respected and influential figure in the European retail real estate sector, spent more than 35 years at Healey & Baker/Cushman & Wakefield prior to co-founding P-Three.
He joined Healey & Baker as a graduate in 1981, starting out in the Northern retail team under Geoff Burton. He launched the firm’s shopping centre leasing team in 1994 and went on to become Cushman & Wakefield’s head of EMEA retail, leading a team of more than 300 specialists operating across more than 15 countries.
In 2019, Taylor co-founded P-Three with Hannah McNamara and Thomas Rose. He stepped back from the day-to-day management of the business in early 2024, moving to the role of chairman, where he was responsible for the company’s strategic direction.
During his career, Taylor advised on the development and leasing of almost every major retail and leisure destination in the UK, including Birmingham Bullring & Grand Central, Liverpool ONE, Edinburgh St James, St David’s Cardiff and Brent Cross.
In a statement, P-Three described Taylor as a “mentor, leader and a true friend”. The statement continued: “He believed deeply in people, helping those he worked with to grow, pushing them to think differently, and always bringing them back to the bigger purpose: shaping cities and creating places that genuinely matter. And he made it fun. Every day was full of laughter, ideas, debate, and a real love of the work. That spirit sat alongside his relentless drive to make places better, to see trends before others did, to understand what people wanted from their towns and cities, and to build places that genuinely improved lives.
“His impact is felt far beyond those he worked with though. Millions of people every day spend time in centres that Justin helped imagine, plan, lease and bring to life. His legacy is stitched into the fabric of places up and down the country, and across Europe.
“Justin Taylor will be remembered not only for his profound professional expertise and the landmark projects he helmed, but for his leadership, mentorship, and central role in shaping the modern European retail landscape. His legacy will continue to inspire those who follow in his footsteps. It is no understatement so say that Justin was one of the leading figures in the European retail market.
“He will be missed greatly by Penny, Verity and Grace, and by the colleagues and friends who were fortunate to work alongside him. Justin built lasting relationships across the industry through his kindness, his humour, and the way he made people feel supported and valued. That spirit will stay with all who knew him.”
