The Unite Group plc, the UK's leading manager and developer of student accommodation, today announces the appointment of two Non-Executive Directors, Ilaria del Beato and Richard Akers. Richard will join the Board on 1 September 2018 and Ilaria on 1 December 2018.
Ilaria is currently CEO of Frasers Property UK, part of Frasers Property, a global real estate group. She was formerly CEO of GE Capital UK, a regulated Bank and corporate lender and led GE Capital Real Estate UK, a commercial real estate investor, developer and lender. Ilaria brings 30 years of experience in real estate, including asset management, investment and lending.
From 1995 to 2014 Richard worked at Land Securities plc, where he had various positions including as an Executive Director on the main board and Managing Director of Retail. Richard has over 30 years’ experience in the real estate industry, with a focus on retail. He is currently Senior Independent Director and Chair of the Health & Safety and Remuneration Committees at Barratt Developments Plc, a Non-Executive Director at Shaftesbury Plc and a an Advisory Board Member at Battersea Power Station Development Company. Previously Richard was a Non-Executive Director at Emaar Malls PJSC.
Phil White, Chairman of Unite, commented:
“This is an exciting time for our business and I’m delighted to welcome both Ilaria and Richard to the Board as Non-Executive Directors. Their appointment reflects our ongoing commitment to utilising expertise from the best in the industry. Both bring with them a wealth of real estate experience and broader knowledge. I look forward to working with them as we take Unite forward into the next stage in its development”
For further information, please contact:
Joe Lister, Chief Financial Officer
Tel: +44 117 302 7053
Powerscourt (PR adviser to Unite)
Justin Griffiths or Mazar Masud
Tel: +44 207 250 1446