Land Securities chairman Alison Carnwath is adding an experienced private equity dealmaker to the board, as Simon Palley, a former managing partner at BC Partners, joins next month.

Mr Palley bolsters the investment expertise at the UK’s largest property group just as opportunities emerge in a recovering market. The group, which has a well-funded balance sheet, is on the hunt for deals. Mr Palley left BC Partners in late 2007 but remains a director of the last company he acquired at BC, the Greek casino operator Regency, and Haymarket Financial.

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