British Land appoints to newly-created head of real estate and investment role
British Land has announced that Kelly Cleveland – currently head of strategy and investment – has been appointed to the newly-combined role of head of real estate and investment.
Cleveland joined British Land in 2011 and has since progressed through the business, working across investment, strategy and treasury before joining the executive committee in 2020. She took on her current position as head of strategy and investment in 2022, and will take on her new role in mid-October.
The company’s current head of real estate Darren Richards has resigned from his role and is leaving British Land to join LondonMetric Property as chief investment officer.
Simon Carter, chief executive of British Land, said: “Aligning our asset management, leasing and investment activity has become ever more important as we actively recycle capital and seize the opportunities emerging in our markets. Kelly has a wealth of real estate experience, leading key transactions such as the sale of our Meadowhall stake earlier this year and our joint venture partnerships with the likes of Allianz and AustralianSuper. She has also been instrumental in growing our presence in retail parks as we have doubled down on this attractive sub-sector.
“I’d like to take this opportunity to thank Darren for his unwavering support and significant contribution to the business over nearly twenty years and wish him the very best in his new role.”