Head of SWIP real estate to retire
Scottish Widows Investment Partnership (SWIP) has announced that Malcolm Naish, its director of real estate, is to retire at the end of June. A further announcement around the management of the team will be made at that time.
Naish joined SWIP as director of real estate in October 2007, and has overseen SWIP’s appointment to manage £2.4bn in new assets on behalf of the Insurance Division of Lloyds Banking Group in May 2011, and SWIP and Cushman & Wakefield Investors’ successful first closure of the Pan-European Urban Retail Fund in March of the same year.
Dean Buckley, managing director of SWIP, said: “Malcolm has overseen not just one of the most significant periods of growth for SWIP’s real estate team, but also one of the most unprecedented periods in the UK commercial property market.
“To successfully grow the business during a period where property market values have fallen significantly is a tremendous achievement and testament to not only Malcolm’s drive, experience and expertise, but also to the hard-working and professional team of people he has working with him.
“As a result, SWIP’s Real Estate team is in great shape to continue to deliver on their strategy for future growth and success.”
Naish will remain a member of the Scottish Property Federation, of which he was vice chairman from 2009 to 2010 and chairman from 2010 to 2011, and a member of the British Property Federation Policy Committee and the Editorial Board of the Investment Property Forum.