Capital & Regional has appointed Lawrence Hutchings as chief executive, replacing Hugh Scott-Barrett, who will become non-executive chairman, following the retirement of John Clare. The changes will all become effective on 13 June 2017.
Hutchings joins following four years at Blackstone in Australia, two as managing director, and has over 20 years’ experience in the property industry including 11 years in senior positions operating in the UK and European retail real estate markets. Prior to Blackstone, he was at Hammerson for four years, the last three as managing director – UK retail, before which he spent almost seven years at Henderson Global Investors, latterly as director (property) European retail.
Senior independent director Tony Hales said: : “Lawrence Hutchings not only brings a deep understanding of UK retail from his senior management roles at both Hammerson and Henderson Global Investors but a real passion for the sector. His skills and expertise, together with his experience at Blackstone, will be very valuable for the future growth of Capital & Regional, building on the significant momentum achieved by the Company over the past few years.”