British Land eyes European investments for diversification
British Land, which is virtually entirely focused on its core UK retail and offices portfolio, would seek opportunities in the European property market, Chris Grigg, chief executive of the UK’s second-biggest real estate firm, said, according to a report in the Financial Times.
Grigg’s comments as the company on Wednesday hired Stephen Smith, global chief of asset management at Axa Real Estate, and Charles Maudsley, co-head of Europe at LaSalle Investment Management, as board directors.
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