Simon Ross will oversee developer’s 27m sq ft portfolio
James Beaumont’s appointment is focused on supporting strategic growth for the business in Britain
Merger between Industrials REIT and St Modwen Logistics takes effect
REIT has bought a 40,000 sq ft trade park in Kent
Managing director Julian Carey promoted as founder Paul Arenson steps back
Interest rates and inflation expected to erode top-line revenue growth this year
Strong occupier demand drives rental uplifts
The MLI specialist said it would preserve capital until an “appropriate time to re-enter the market”
The MLI specialist will join the all-share index on 19 September
But the MLI specialist has shown caution over the past quarter, spending just £3.3m on new assets
REIT plans to spend £100m a year to double the size of the business in four years