UK-based shopping centre Reit Capital & Regional is seeking a new CEO after Lawrence Hutchings announced he had resigned from the role and would leave the company to pursue a new business opportunity.

During his nearly seven years in the role, Hutchings has been instrumental in repositioning Capital & Regional’s portfolio towards convenience and community-focused shopping centres and has led the business through significant structural change in the retail market, as well as the disruption caused by Covid-19, the company said in a statement. ..

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