The Board

External appointments:

Nigel is Chairman of Foxtons Group plc, a Director of Matheson & Co. Limited and a Director of Chelsea Square Garden Limited.

Experience and contribution:

Nigel brings a wealth of Board experience, having operated across the globe in senior positions.

He served as the Group Chief Executive of Trafalgar House plc from 1994 to 1996 and previously spent 20 years with the Jardine Matheson Group in Asia and Africa, before becoming Managing Director of the Group from 1989 to 1994. Nigel has served as the Chairman of the Board of CP Ships, Exel, Hamptons, Xchanging, as well as Segro. He has been a Director of Granada, ITV, Harvey Nichols, AVI Global and Pacific Assets.

He has also been a member of the Takeover Panel (UK).

External appointments:

Bruce is currently Chairman of Hire and Supplies Limited, a plant hire based in Dumfries, and an adviser to the Housing Growth Partnership Fund. Bruce is a Trustee of Edinburgh Athletic Club and a former Non-Executive Director of Green Property Limited.

Experience and contribution:

Bruce has considerable real estate and financial services experience, having worked in senior roles at Lloyds, HBoS and Bank of Scotland with 20 years of investment-led boardroom positions. He has experience with both real estate companies and REITs across the UK, Europe and the Far East.

At Lloyds he was Head of Joint Ventures for the Specialist Finance division, responsible for a mixed portfolio of real estate, including both equity and debt elements. He is a qualified accountant.

External appointments:

Heather is Master of St. John’s College, Cambridge (in which capacity she also serves as a Trustee of the University of Cambridge), the senior independent Board member at the Department of the Environment, Food and Rural Affairs, a Director of Amerdale Limited and Non-Executive Director of Rural Solutions Limited. She is also a Trustee of the Chatsworth Settlement Trust, chairs the Royal Countryside Fund.

Experience and contribution:

Heather brings to the Board many years of high-level experience in strategy, governance and leadership, gained in the real estate sector and wider economy. In her current roles, she oversees extensive real estate portfolios of investment, development, strategic site and agricultural property assets across the UK, and provides insight and expertise to Defra.

Previously, Heather has been Chair of the Food Standards Agency, Managing Partner at Deloitte and has served as the Executive Director of Yorkshire Forward, leading on the assembly of a £35 million property portfolio.

Heather served as a trustee for the Prince’s Trust, for which she was awarded the LVO in 2013.

External appointments:

Richard is Chairman of ELREP Asset Management LLP and M1 Agency LLP. Further information can be found in note 32 of the Financial Statements.

Experience and contribution:

Previously an Executive Director at CBRE, where he was Head of the UK Industrial team, Richard has over 30 years’ specific real estate logistics experience.

He has an in-depth understanding of the market dynamics, credibility with owners and operators of logistics assets, a thorough understanding of both owner and tenant requirements, and an extensive network of contacts across the real estate universe.

He is a member of the Chartered Institute of Logistics and Transport.

External appointments:

Lynda is a Non-Executive Director of Atrato Partners Limited.

Experience and contribution:

Lynda brings experience as a finance leader at FTSE 100 companies from her 20-year tenure at Kingfisher, and six years at Tesco, holding group treasurer roles at both organisations.

In her role in the finance leadership team at Tesco, she was responsible for capital structure, liquidity and financial risk management, and was instrumental in delivering the group’s property JV acquisitions. Lynda also sat on the Investment and Risk Committee of the Tesco Pension Scheme, which held a significant real estate portfolio.

Lynda has been a member of the Money Markets Committee of the Bank of England. She qualified as a chartered accountant with BDO Stoy Hayward, and is a fellow of the Association of Corporate Treasurers.

Cherine Aboulzelof is an experienced, senior real estate executive with 19 years of real estate investment tenure, having enjoyed a successful career within the industry. Cherine brings significant expertise to the Board, having managed real estate funds, assets and portfolios for several large real estate investment managers. Prior to her real estate career she spent 8 years in investment banking at blue chip investment banks. Cherine's direct involvement in originating, negotiating and closing investments makes her uniquely qualified to join the Board of Urban Logistics, as it continues to drive forward its strategy of enhancing sustainable earnings and shareholder returns.

Cherine is currently global co-Head of BGO Strategic Capital Partners (part of BGO, a global real estate investment firm with $84 bn of assets under management), which provides equity capital solutions globally to real estate sponsors. She previously held the position of Managing Director at The Carlyle Group from 2017 to 2021 and Partner at 90 North Real Estate Partners, the real estate investment firm from 2013 to 2017.

Cherine sits on the Board of the Women in Safe Homes Fund, a for-profit social impact fund providing rental accommodation to vulnerable women and children across the United Kingdom, as well as G.R.I Women Leading Real Estate Advisory Board, which promotes Europe GRI Women's activities.