Development Securities, Investor Relations :... -
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Published on: 4/14/2004
Last Visited: 7/6/2005
Development Securities Appoints Matthew Weiner as Director of Investments
02-Aug-2000
Development Securities PLC announced today the appointment of Matthew Weiner as Director of Investments with responsibility for the Company's investment property portfolio.
Matthew Weiner joins the Company after nearly three years at AXA Real Estate Investment Managers Ltd, where he was Fund Manager with direct responsibility for a £120 million fund as well as advising on AXA's £750 million Life Fund.
Prior to that, he spent nearly five years at Legal and General Property Ltd, where he was responsible for the company's £300 million industrial portfolio.He holds a first class degree in Land Management from Reading University.
The appointment continues the commitment of Development Securities to restructure its investment portfolio, which has seen £41 million of disposals and more than £18 million of acquisitions over the last twelve months.Earlier this month, the Company acquired the 160,000 sq ft Great West Trading Estate in Brentford for £9.25 million.
Matthew Weiner takes up his position in October 2000.