British Land announced the appointment of Charles Maudsley to head the group's EUR 5.8 bn Retail business in the UK and Europe. Maudsley will also retain his current role as executive director for Business Expansion.

British Land announced the appointment of Charles Maudsley to head the group's EUR 5.8 bn Retail business in the UK and Europe. Maudsley will also retain his current role as executive director for Business Expansion.

In addition, Ben Grose, who has been with British Land since 2005, has been appointed head of Retail Asset Management, reporting to Charles.

Other executive responsibilities are unchanged. Tim Roberts continues to be responsible for managing British Land's EUR 2.7 bn office portfolio as well as for office investment and development. Steve Smith, in his role as chief investment officer, is principally responsible for maximising the Group's capital returns and chairs the Investment Committee.