Last week, Landsec announced it had found a successor for one of the biggest jobs in UK real estate. St. Modwen Chief Executive Mark Allan is to take over as CEO at Landsec after the departure of current boss Rob Noel.
Allan was not the first name that sprang to mind when it came to running Landsec, principally because he has previously been in charge of much smaller companies. But the companies he has led have thrived.

He made his name at Unite, where he was chief executive for a decade before leaving for St. Modwen in 2016. He turned Unite into the biggest student accommodation owner in the UK as the asset class became mainstream. At St. Modwen, the company’s returns…
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