Press release
Legal & General secures retail expert for its managed fund
LGIM Real Assets (“Legal & General”) announces that it has hired Alex Mountford as Senior Asset Manager, to focus on some of its key retail assets within Legal & General’s £3.3bn Managed Fund.
23 Jan 2018
Press release
Legal & General committed almost £400m last year alone into improving and evolving its retail destinations for its consumers. The company now has an established team of more than 30 retail specialists.
Alex has 13 years’ experience in the retail sector, joining from Linkcity (Bouygues) where he held the position of Senior Leasing Manager. Whilst at Linkcity, Alex was responsible for the retail strategy and delivery on major mixed use developments in London and the South East. Prior to that, he was an Associate Director in the retail teams at CBRE and DTZ advising investors on leasing and development strategies on Shopping Centre and In-town retail assets as well as advising on a number of national occupier mandates. During his career Alex has worked on some major schemes including Westfield Stratford and Birmingham Grand Central and national portfolio mandates for Vodafone, Barclays and Natwest. Alex qualified as a Chartered Surveyor in 2007.
The Managed Fund is an open-ended Fund available to occupational pension schemes. Currently valued at £3.3bn, a focus on income enhancement and added value creation is key to the strategy of this fund.
Mark Russell, Senior Fund Manager at LGIM Real Assets:Our LGIM Real Assets platform and the Managed Fund continue to grow at pace. We are delighted to bring someone of Alex’s calibre onto our team to oversee some key value-add retail projects as well as supporting further growth activities in the sector. Alex’s wide-ranging expertise and experience in working and improving retail assets will be invaluable to our ambitions.
