British Land has appointed Joanne McNamara as the company’s new chief executive officer.
McNamara, who has more than 20 years’ experience in the real estate sector, is currently executive vice president, Europe at Oxford Properties.
She joined Oxford in 2010 as one of its first team members in London, and over the past 16 years has overseen several of its most significant investment and development transactions. Prior to joining Oxford, McNamara worked at Hammerson and DTZ.
She has a maximum notice period of six months and is expected to join the business by the end of November at the latest.
McNamara replaces Simon Carter who announced earlier this year he was leaving the firm to become CEO of P3 Logistics Parks, the GIC-owned investor, manager and developer of logistics properties in Europe.
William Rucker, chairman of British Land, said: “I am delighted that Joanne is joining British Land from Oxford Properties, a business we respect and know well as a joint venture partner on the highly successful Leadenhall Building development. Joanne is one of Europe’s most respected real estate professionals. With her deep expertise of real estate, valuable experience in the world of private capital and a strong reputation for decisive leadership, she is exceptionally well placed to drive the business forward. On behalf of the board, I look forward to welcoming her to the team.”
McNamara added: “British Land is a business that I have always admired, with an impressive track record of delivering and managing best-in-class places across the UK and an expert team at its helm. I am very much looking forward to working with the board, executive committee and all of my new colleagues as we work together to build on what is already a fantastic platform for growth.”
