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British Land names Joanne McNamara as CEO

Published by Global Banking & Finance Review

Posted on June 2, 2026

1 min read

· Last updated: June 2, 2026

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Joanne McNamara Appointed as CEO of British Land Following Simon Carter's Departure

British Land Announces Leadership Change and Financial Performance

Joanne McNamara's Appointment as CEO

June 2 (Reuters) - Real estate group British Land Company on Tuesday announced the appointment of Joanne McNamara as chief executive officer, following former chief Simon Carter's surprise departure in January.

McNamara's Background and Experience

McNamara is currently executive vice president of the European business of real estate investor and developer Oxford Properties. The real estate manager is a joint venture partner with British Land on the Leadenhall Building development in London.

Chairman's Statement on the Appointment

"With her deep expertise of real estate, valuable experience in the world of private capital and a strong reputation for decisive leadership, she is exceptionally well placed to drive the business forward", said Chairman William Rucker.

British Land's Recent Financial Performance

British Land Company, which leases and manages commercial property, reported annual underlying profit above market view, supported by robust demand for office spaces from AI and technology firms.

Reporting Credits

(Reporting by Simone Lobo in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Joanne McNamara, currently Executive Vice President – Europe at Oxford Properties, has been appointed CEO of British Land, succeeding Simon Carter who left in January.
  • British Land’s strong underlying profit (£294 million for year ended March 31) was driven by surging demand for London office space from AI and technology firms such as Anthropic.
  • The company maintained its 2027 earnings guidance, buoyed by high occupancy retail parks and accelerated leasing in campus-style developments.

Frequently Asked Questions

Who is the new CEO of British Land?
Joanne McNamara has been appointed as the new chief executive officer of British Land.
Who did Joanne McNamara replace as CEO of British Land?
Joanne McNamara replaced Simon Carter, who left the company in January.
What experience does Joanne McNamara bring to British Land?
Joanne McNamara was previously executive vice president at Oxford Properties, with expertise in real estate and private capital.
How did British Land perform financially in the last year?
British Land reported annual underlying profit above market expectations, supported by demand for office spaces from AI and technology firms.
What is the relationship between British Land and Oxford Properties?
Oxford Properties, where Joanne McNamara worked, is a joint venture partner with British Land on the Leadenhall Building development in London.

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