14th Jul 2015 14:18
LONDON (Alliance News) - K&C REIT PLC said Tuesday that Non-Executive Director George Rolls will take up the position of chief executive, whilst current Chief Executive Tim James will take up the position of property director.
This is a board position that is focused on the sourcing, assessment and negotiation of acquisition opportunities.
"We have been shown an increasing number of attractive acquisition opportunities, and the board is convinced that the growth prospects of the business are strong. I am delighted that George is joining the company on a full-time basis as chief executive, and I look forward to working with him and Tim in growing our portfolio of properties," said Chairman Nigel Payne in a statement.
Shares in K&C REIT are untraded Tuesday at 10.20 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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