April 1, 2016

Lloyds commercial real estate appoints regional head

Posted in Keith Knutsson, Real Estate at 6:55 am by Keith Knutsson

MacKenzie, who has worked within Lloyds Banking Group for more than 30 years, has been promoted from his previous position as relationship director within the listed clients team in London and will now be based in Manchester.

Lloyds Bank has appointed Allan MacKenzie as head of regions for its commercial real estate unit.

MacKenzie, who has worked within Lloyds Banking Group for more than 30 years, has been promoted from his previous position as relationship director within the listed clients team in London and will now be based in Manchester.

He will oversee the relationship teams based in the bank’s Glasgow, Edinburgh, Leeds, Birmingham, Bristol and Manchester offices that provide funding to clients with assets in excess of £25m.

During his career, MacKenzie has worked in Glasgow, Aberdeen, London and Manchester. In 2015, he led the £277m refinancing of MediaCityUK, alongside Citi, which followed Legal & General’s purchase of a 50 per cent stake in the development from Peel.

Commenting on the appointment, John Feeney, Managing Director and Global Head of Commercial Real Estate for Lloyds Bank, said: “Allan’s appointment is a real statement of our intent. His blend of experience operating within regional markets alongside some of the biggest players in real estate make him ideally placed to spearhead our growth.”

Allan MacKenzie, head of regions, commercial real estate, added: “This is an exciting time for the UK’s key regional cities. They are vibrant with investment and development activity continuing to rise and we see many significant opportunities to provide funding support.”

http://www.manchestereveningnews.co.uk/business/professionals/lloyds-commercial-real-estate-appoints-11120163

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