Joanne McNamara is set to step into the role by the end of November at the latest, after serving her notice period at Oxford Properties.
McNamara has over 20 years of experience in the real estate sector, including 16 years at Oxford Properties where she is currently Executive Vice President for Europe. In her time at Oxford, she has been instrumental in building an £8bn portfolio of office, retail, logistics and residential assets across Europe.
The shares rose 1.6% in early trading.
Our view
HL view to follow.
British Land key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
This article is not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.