Former Cala director Robert Dick is to step down from the board of Ediston Property Investment Company from the end of this month.
The Edinburgh-based commercial real estate landlord had previously announced Dick would be replaced by Robin Archibald as chair of its audit committee. Dick, a former group finance director of Cala and chairman of Cala Properties, has been a non-executive director of Ediston since October 2014. He will be replaced by Imogen Moss, who is head of real estate at London law firm Allen & Ovary.
Ediston owns a UK-wide portfolio of mainly properties with a focus on out of town retail parks, which at the end last year was valued at nearly £309 million.
Chairman William Hill said: “Robert has been a director since the Company launched and, on behalf of the Board and the Company, I would like to thank him for his support and wise counsel during his tenure. As I disclosed in my statement in the annual report, Robert kindly gave notice some months ago of his wish to retire during this financial year which has enabled a smooth handover of his duties. We offer our best wishes to Robert for the future.”
