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UK Commercial Property REIT picks Urban&Civic chair as chair-elect

Mon, 03rd Apr 2023 10:28

(Alliance News) - UK Commercial Property REIT Ltd on Monday said it has hired Peter Pereira Gray as chair-elect, effective immediately.

The London-based commercial property investor said Gray will replace Chair Ken McCullagh, who will be stepping down at the end of the year.

Gray is chair of Urban&Civic PLC and of Premier Marinas Holdings Ltd.

McCullagh said: "Peter is very well-placed to chair the company through the next stage of its evolution and growth."

Shares were up 0.6% at 51.70 pence in London on Monday morning.

By Sabrina Penty; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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