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16/09/2019

Homes For Scotland Director Joins Springfield Properties

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Leading Scottish housebuilder Springfield Properties has appointed a new Non-executive Director of the Group.

Homes for Scotland Director, Mr Colin Kenneth Rae joins the company in the role with immediate effect.

The 54-year-old is a Chartered Quantity Surveyor with nearly 40 years' experience in the construction and housebuilding industries, specialising in project and development management. From 2002 to 2019, Mr Rae held leadership positions at Places for People (PfP), one of the largest development, regeneration, property management and leisure companies in the UK with an asset base of £4.5 billion. PfP designs, builds, and manages large-scale regeneration projects from start to finish, creating sustainable places where communities want to live.

Most recently, as Group Executive Development Director at PfP, he managed a UK-wide mixed tenure development programme of c. £200 million, delivering core housing assets for affordable and market rent and sale. This included the development of the 376-home Engine Yard site in Edinburgh, the largest single National Housing Trust development in Scotland. Prior to this, he was Project Director for Scotland, with responsibility for establishing and delivering PfP's strategic development programme in Scotland. In this role, he liaised with private sector partners, the Scottish Government and local authorities and, with a team of 25, achieved annual development turnover of £60 million within five years.

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Previous experience includes project management roles at The EDI Group, a property development company wholly-owned by the City of Edinburgh Council, and Woolwich Homes Ltd, as well as surveyor positions at Millar Brown Associates and Gibson & Simpson.

He is a Member of the Royal Institution of Chartered Surveyors (MRICS) and holds a BSc in Quantity Surveying from Napier University.

Sandy Adam, Executive Chairman of Springfield Properties plc, said: "We are very pleased to welcome Colin to the board of Springfield. He brings considerable industry experience and expertise in building large-scale development and regeneration projects across Scotland and the wider UK. Springfield has made great strides since listing on AIM in 2017 and the appointment of Colin compliments the skills of our existing directors, strengthening the board to reflect the enhanced scale of the business today and our plans for continued growth."

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