Professional Summary

Professional Overview

Allan Lockhart is the Chief Executive Officer (CEO) of NewRiver REIT plc, a leading UK real estate investment trust. With over 30 years of experience in the property industry, Lockhart brings a wealth of expertise in commercial real estate development, investment, and management. As CEO, he oversees the strategic direction and operational activities of the company, driving growth and delivering sustainable value for NewRiver's stakeholders.

Experience Summary

Current Role

As CEO of NewRiver REIT plc since May 2018, Lockhart is responsible for spearheading the company's expansion and strengthening its position as a premier property investment and development firm. Under his leadership, NewRiver has achieved significant milestones, including the successful acquisition of numerous retail and leisure assets, the implementation of innovative asset management strategies, and the diversification of the company's portfolio to enhance resilience and profitability.

Career Progression

Prior to his current role, Lockhart served as NewRiver's Property Director since 2009, where he played a pivotal role in the company's growth and transformation. Before joining NewRiver, he held the position of Director at Halladale, a leading real estate development and investment firm, from 2002 to 2008. Lockhart's career began as a Partner at Strutt & Parker, a renowned real estate consultancy, where he gained extensive experience in property investment and management over a 13-year period.

Academic Background

Lockhart holds a Bachelor's degree in Land Management from the University of Reading, a prestigious institution known for its expertise in real estate and urban planning. His strong academic background has equipped him with a deep understanding of the property industry and the skills necessary to navigate the complex challenges faced by the sector.

Areas of Expertise

Lockhart's areas of expertise include commercial real estate development, investment management, strategic planning, and asset optimization. He has a proven track record of identifying and capitalizing on emerging market trends, implementing effective risk management practices, and fostering collaborative relationships with key stakeholders, including investors, tenants, and local authorities.

Professional Impact

Lockhart's leadership and strategic vision have been instrumental in driving NewRiver's growth and positioning the company as a respected player in the UK property market. Under his stewardship, NewRiver has successfully diversified its portfolio, expanded its footprint, and enhanced its operational efficiency, solidifying its reputation as a forward-thinking and innovative real estate investment trust.

Conclusion

With his extensive industry experience, strong strategic acumen, and proven ability to deliver results, Allan Lockhart is well-positioned to guide NewRiver REIT plc through its next phase of growth and development. His commitment to excellence, coupled with his deep understanding of the property sector, makes him a valuable asset to the company and a respected leader in the industry.