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HB Reavis UK chief exec resigns

HB Reavis UK chief executive Tomáš Jurdák has resigned from his role.

Tomáš Jurdák
Tomáš Jurdák

Jurdák oversaw HB Reavis’s ambitious entry to the London office market, which began with the acquisition and redevelopment of 33 King William Street, EC4, in 2013.

The building, rebranded as 33 Central, was sold on to Wells Fargo last July for £300m.

Jurdák’s resignation came as the Slovakian developer takes on its most ambitious project yet in the capital with Elizabeth House, SE1.

It agreed a £250m-plus deal to buy the 1.4m sq ft office-led development project on the South Bank from London & Regional and Chelsfield in March.

HB Reavis is also currently undertaking two further major office development projects at 20 Farringdon Street, EC4, and 69 Southwark Street, SE1.

Jurdák told EG he was stepping down because his daughter is turning six and he wants her to attend school in Slovakia. He is expected to formally leave the role at the end of September.

Radim Rimanek, a member of the board, will assume Jurdák’s responsibilities until a replacement is found.

Rimanek currently has responsibility for the company’s activities in the UK and Czech Republic as well launching development activities in Germany.

An HB Reavis spokesman said: “In the relatively short time since entering the London market, HB Reavis has grown from a developer unknown in the UK into a firmly established real estate player in the London office market.

“Currently, HB Reavis has four major development projects under way or nearing completion, including the latest addition, Elizabeth House.

“We are very thankful to Tomáš for his key role in the remarkable success of the business to date and we wish him every success for the future.”

To send feedback, e-mail Louisa.Clarence-Smith@egi.co.uk or tweet @LouisaClarence or @estatesgazette

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