Meinl European Land (MEL) announced on Wednesday that J Sainsbury's current property director Peter Baguley has agreed to become an independent non-executive director of MEL. Baguley is also on the advisory boards of the British Council of Shopping Centres and is a member of the Bank of England Property Forum.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
