St Modwen Logistics appoints new head of portfolio

By
BE News Team

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St Modwen Logistics has appointed Gordon Kellie to the newly created role of head of portfolio. 

Kellie, who has more than 30 years’ experience in the real estate sector, will join the business in June from ARA Dunedin, the UK arm of APAC’s largest real estate fund manager ESR group.

He will lead the management of St Modwen Logistics’ 12.4m sq ft logistics portfolio and work closely with managing director Polly Troughton to drive the company’s growth strategy.

Kellie said: “This is a fantastic opportunity to join one of the UK’s fastest-growing logistics platforms. The portfolio is primarily high-quality mid-box assets developed by St Modwen, located in and around the UK’s core cities and road networks and let to global, national and independent businesses across a wide range of industry sectors. 

“I look forward to working with the team to continue to maximise value from the portfolio, utilising St Modwen’s in-house development capability to ensure our assets continue to provide best-in-class, sustainable workspace in the UK’s prime industrial locations.”

Troughton added: “The structural trends driving demand for logistics space, such as the growth of the digital economy and the need for resilient supply chains, remain very strong with the UK facing a long-term undersupply of space. This underpins our strategy to expand the portfolio in key locations through both development and acquisitions.

“Gordon has a demonstrable track record in aggregating and managing logistics portfolios at scale, and is an excellent addition to our team as we accelerate our growth plans.”

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