Singapore's Frasers Property appoints Ilaria del Beato UK CEO

By Paul Norman - Friday, January 12, 2018 7:00

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Frasers Property UK, a member of Singapore-listed Frasers Centrepoint, has appointed Ilaria del Beato as its chief executive officer.

Del Beato brings with her nearly 30 years of real estate and finance experience, most recently as CEO of GE Capital UK.

Panote Sirivadhanabhakdi, Group CEO of FCL, said: “The UK is a market that FCL is very familiar with, having operated here for over 15 years.

“We have every confidence in the UK’s long-term prospects, and have recently invested over £860m to acquire four business parks in Thames Valley and a business park in Glasgow. These investments complement our existing residential and central London commercial operations.

“We are now looking to Ms del Beato to consolidate our platform in the UK and continue building our business for the long-term,” concluded Sirivadhanabhakdi.

FCL has a diversified platform in the UK with property assets spread across the business park, commercial and residential sectors.

The group’s hospitality business also owns and/or manages around 3,000 units of hotel rooms and serviced apartments in the UK under the brands Fraser Suites, Fraser Place, Fraser Residences, Malmaison and Hotel du Vin.

pnorman@costar.co.uk

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