Logistics

Tritax appoints former Segro executive director as partner

Phil Redding will be ‘central’ to supporting the group’s future growth and performance ambitions by identifying new market strategies and opportunities

Tritax Group has announced the appointment of Phil Redding as partner. He will work alongside James Dunlop, CEO of investment and partner of Tritax, and will be responsible for delivering and implementing strategic investment advice across the group’s four flagship funds.

Redding will also be central to supporting the group’s future growth and performance ambitions by identifying new market strategies and opportunities that “deliver further value to investors and wider stakeholders sustainable over the long-term”.

He began his career in 1990 in the industrial agency and development team of King Sturge (now JLL). In 1995, he joined Segro where he held a number of senior positions before being appointed chief investment officer in November 2011. He subsequently joined the board as an executive director in 2013.

Redding said: “Given long-term structural changes, logistics and distribution real estate continues to benefit from strengthening occupier demand and investor focus and I am excited to be joining Tritax Group at this stage in their evolution.

“Their dynamic, entrepreneurial style, together with their deep sector insight, strong investment and development capabilities and pan-European reach makes them well positioned to further deliver value for occupiers, investors and broad stakeholders within the vibrant and expanding logistics sector. I look forward to working with the Tritax team.”

From capital allocation to managing all asset acquisitions and disposals, Redding was responsible for Segros investment strategy and implementation, playing an integral role in the company’s repositioning and growth.

Commenting on Redding’s new appointment, Dunlop, said: “We are delighted that Phil has joined our growing and market leading team that’s focused on logistics real estate. As a highly respected investment professional, he brings over 30 years of commercial property experience.

“The depth of his sector knowledge, expertise and networks will complement those of our existing team and be invaluable in helping to support our future growth aspirations as a Group, as well further developing and enhancing our existing funds’ investment strategies and performance.”

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