British Land CEO to step down.


The chief executive of The British Land Company is leaving to head up a pan-European logistics firm after five years in the role, it was announced on Monday.

  • British Land Company
  • 12 January 2026 07:41:39
British Land Company

Source: Sharecast

Simon Carter, who has been at British Land for a total of 18 years, is to join P3 Logistics Parks as chief executive following a 12-month notice period.

P3 invests and develops warehouses across Europe and is owned by GIC, Singapore’s sovereign wealth fund. Carter will be based in London, however.

Carter, 50, said: “British Land has been a huge part of my professional life, and it has been a privilege to work for such a fantastic business.

“The contrarian calls we made post-pandemic have positioned British Land for long-term success.”

Chair William Rucker said Carter had achieved “a huge amount” during his time at British Land. “We wish him all the best in his new role at P3,” he added.

Carter joined the commercial property specialist in 2004, working in various roles across strategy and corporate finance before leaving in 2015 to become chief financial officer of Quintain Estates & Development.

He re-joined the business as chief financial officer in 2018 before taking up the top role in 2020.

British Land, which specialises in London campuses, retail parks and urban logistics and was promoted to the FTSE 100 in December, said it will now start a “full process” to appoint his successor.

Its portfolio is currently valued at around £15.2bn.


Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: 25.13 ( 0.24 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.