UK Land Estates announces leadership change

Commercial property developer and owner UK Land Estates, headquartered on the Team Valley Trading Estate, in Gateshead, has appointed David Gibbs as managing director as part of a planned leadership succession.

David, previously property director, takes over the day-to-day leadership of the business from Keith Taylor, who is stepping down after 23 years to become executive chairman.

Having joined UK Land Estates 17 years ago, David has worked closely with Keith and the wider management team during a period of significant investment across the company’s portfolio.

A Northumbria University computing graduate, he also holds a master’s degree in real estate.

David said: “The skilled leadership and incredible contribution Keith has made to UK Land Estates cannot be overstated. 

“I’d also like to thank him for the invaluable support he has given me over the years. 

“Under his leadership, the business has grown into one of the largest industrial and commercial space landlords in the region.

“His legacy goes far beyond the growth of the portfolio. 

“Keith has played a hugely important role in building the management team we have today and creating the shared direction and culture that continues to drive the business forward.

“I am incredibly proud to take on this role. 

“It represents a planned succession and my appointment will not represent a massive shift in the way we operate. 

“We will continue the great work of Keith and remain committed to providing the highest-quality industrial and commercial space while continually enhancing our estates.”

Keith will remain closely involved with UK Land Estates in his new role, providing strategic advice and continuity as the business enters its next phase.

During his 23 years with the company, he has overseen significant growth and investment, including the acquisition of the former One North East property portfolio.

Keith added: “I am immensely proud of my time as managing director and of what the team has achieved together. 

“This is a positive move and one that has been in the planning for some time. 

“I am delighted to continue as executive chairman, supporting David and the team.

“I've loved my time working in the business and the people I’ve worked with, both inside and outside the company. 

“It is a super business and we have good fun. 

“While we don’t shout about it, we all take great pride in what we have achieved as a business and our fundamental strategy of continuous investment and improvement has helped create a portfolio of estates that are second to none.”

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