SEGRO announces two new management appointments
SEGRO has announced the appointments of James Craddock as its new Business Unit Director for Thames Valley and David Proctor as its new Group Director of Investment.
James will have overall responsibility for the next phase of evolution and growth of the Thames Valley business unit, which includes the Slough Trading Estate. He will also oversee the growth of the data centre customer base across the group. James joined SEGRO as Development Director in 2015 before being promoted to Regional Director for Park Royal & London in 2016, a role in which he had overall responsibility for the management of a £2bn portfolio of assets. James takes over the Thames Valley Business Unit Director role from Gareth Osborn who left the company in November 2019.
David will be responsible for reviewing and challenging the Group's capital allocation, optimising and driving performance of the property portfolio, and exploring and developing new initiatives at a property level. David joined SEGRO ten years ago and has held several investment strategy roles covering London, the Thames Valley, UK Logistics and more recently Continental Europe. He joined the company as part of SEGRO’s takeover of Brixton plc in 2009 where he was Investment Director.
David Sleath, Chief Executive Officer, SEGRO, said:
“This is an exciting period for SEGRO as we continue to grow, evolve and adapt our business at a time of unprecedented levels of change. James and David have excellent experience which will help us drive forward on this journey, which is great news for us and for our customers.”
SEGRO is a UK Real Estate Investment Trust (REIT) and listed on the London Stock Exchange in the FTSE 100 index. It is a leading owner, manager and developer of modern warehouses and light industrial property with a portfolio comprising 8 million square metres of space (86 million square feet), valued at £12.2 billion. Its assets are positioned strategically at locations in the UK across London and the South-East and Midlands regions, while in Continental Europe it has developments in France, Germany, Italy, Poland, Spain, The Netherlands and the Czech Republic.
For 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.