Hannah Milne appointed head of £2.2bn regional portfolio

The Crown Estate has promoted Hannah Milne to the position of head of the regional portfolio.


03 June 2015

Hannah Milne

Previously Regional Portfolio Manager, she will take over the position held by former regional head, James Cooksey. This follows James’s promotion earlier in the year to the newly created position of Head of Central London. Hannah and James’s new roles will start on 1 July 2015.

In her new role, Hannah will lead all asset management, development, and investment activity for the portfolio, reporting directly to Director of Investment and leader of the urban portfolio, Paul Clark.

Paul said of the appointment: “Hannah has played a vital role in creating our UK leading portfolio of dominant regional retail and leisure assets, bringing focus to our work in the sector by leveraging strategic relationships with key retailers. I have no doubt she’ll do a fantastic job as she now takes on responsibility for further enhancing the portfolio she has helped to build.”

Hannah Milne said: “The success of our regional portfolio has been delivered by the extremely dedicated and skilled team of asset managers we have at The Crown Estate. I’m looking forward to continuing to work with the team here to take our portfolio to the next level, focusing on delivering the progressive asset management approach for which The Crown Estate has become renowned across its commercial property portfolio.”

Hannah joined The Crown Estate as Regional Portfolio Manager in January 2011 from Knight Frank, where she was a partner in their West End Capital Markets team, having spent the earlier part of her career with BNP Paribas. Since 2011 she has taken a leading role in delivering major transactions and investments including The Crown Estate’s purchase of Fosse Park in 2014, the largest in our history, an agreement to forward fund Banbury Gateway shopping park and, most recently a conditional agreement to forward fund LXB’s Rushden Lakes development.

Our regional portfolio, valued at £2.2 billion, includes 17 shopping and leisure parks and three shopping centres; Oxford’s Westgate Centre, Exeter’s Princesshay and Worcester’s Crowngate Centre. We are the UK’s fourth largest owner of directly owned shopping parks and our dominant regional retail holdings are valued at circa £1.8 billion.

Regional

We are one of the largest developers of major retail schemes outside of London, managing a prime regional portfolio which is currently valued at around £1.8 billion, making us the fourth largest direct owner of prime regional retail parks nationwide.

Read more about our Regional portfolio