Lend Lease has appointed Tony Brown as the chief executive officer of its UK investment management business.

Brown was previously a fund manager at Schroders, where he was in charge of the £2bn Schroder Exempt Property Unit Trust.

He will join Lend Lease Investment Management in January.

Regeneration

Brown said: ‘Lend Lease are fast becoming one of the market leaders in the UK for large scale retail and mixed use development.

‘Projects such as the Olympic Village, Greenwich Peninsula and Park Place, Croydon represent some of the most significant urban regeneration opportunities in the UK over the next 5 years. ‘

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