Nov 27, 2003
Gareth Osborn has today been appointed as Head of Retail Property at Slough Estates. This appointment follows an extensive search by Howgate Sable across the UK sector. Slough Estates' retail division is valued at £600 million and comprises some 165,000 square metres of retail space in six shopping centres based in Glasgow, Lewisham, Welwyn, Surrey Quays, Taplow and York.
Ian Coull, Chief Executive of Slough Estates commented: "We are delighted to announce the appointment of Gareth, who has been acting Head of Retail since July of this year. Gareth's excellent performance in this five month period, in bringing forward plans for three potential extensions at our current shopping centres in Glasgow, Lewisham and Welwyn, has established him as the best candidate for the job. The Retail Portfolio has exciting potential, and with the energy and new direction that Gareth brings to this role, we will ensure that we maximise shareholder value from these well located assets and seek to identify new opportunities."
Slough Estates is a leading provider of flexible business space in business parks in Western Europe and North America, with some 1,800 customers occupying 2.9 million square metres of business space, with a total value of £3.8 billion. Slough Estates' properties are in suburban locations in close proximity to the main business centres, where there is long term demand for business accommodation to serve these key economic regions. The company's main activities are currently based around London, Brussels, Paris, Düsseldorf, San Francisco and San Diego and the company continues to develop new business parks with the long term objective of building shareholder value and enhancing its reputation for quality buildings offering excellent value to customers.
For further information, please contact:
Ian Coull, Slough Estates Tel: 01753 537171
Andrew Best / Emily Bruning, Shared Value Ltd Tel: 0207 321 5022 /5027