Lincoln Property Co. has appointed Alex Aitchison as the new managing director for its operations in the United Kingdom.
In his new role, Aitchison also will be responsible for leading a team focused on identifying new investment and development projects for Lincoln across the United Kingdom, as well as the ongoing management of the existing portfolio. Lincoln already has committed £1.4 billion (€1.6 billion/$1.7 billion) to the U.K. real estate market since entering the United Kingdom in June 2018, but it intends to expand its portfolio of office, build-to-rent residential and industrial/data centers assets across the country as it eyes several large development projects, as well as targeted investment opportunities.
As part of Lincoln’s expansion ambitions, it is also looking to target more alternative assets in addition to the mainstream sectors. In 2020, the company’s specialized data center division, Lincoln Rackhouse, acquired a 145,000-square-foot data ce
