UK property investor Great Portland Estates has appointed Martin Scicluna as its new non-executive chairman, succeeding Richard Peskin, who will be retiring from the board after forty years as a director of the company. Scicluna will join the board from 1 October 2008 and become chairman in March 2009.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
