King's Cross Central Limited Partnership, which owns and developed the 67-acre King's Cross estate, has appointed Stephen Hubbard as the chair of the board.
He replaces Sir David Clementi, who was chair of the board for 16 years.
Hubbard had a 40-year career at CBRE, including as UK chairman. He was on the board of Workspace, where he spent the last three years as chairman. He is also a non-executive director of the joint venture partnership developing Canada Water.
KCCLP shareholders comprise the pension fund AustralianSuper and clients of Federated Hermes.
During his 16 years Sir David Clementi oversaw the creation of the estate including the completion of Pancras Square, the opening of Granary Square, which secured Central Saint Martin’s as the estate’s first occupier, the launch of retail destination Coal Drops Yard and planning approval for the final commercial building, F1.
Hubbard said: “This is an exciting time to succeed Sir David. Under his leadership, King’s Cross has successfully transitioned from a development to being a mature and exciting place to live, work and visit. The job now is to drive the excellence in customer focus and continue to ensure that King’s Cross remains an inclusive and progressive part of the capital.”
Sir David Clementi said: “It has been a huge privilege to chair the Board for 16 years and to see the development of the King’s Cross Estate from a brownfield site to the thriving community it is today.”
Paul Clark, head of European real assets at AustralianSuper, added: “Stephen joins the business at a pivotal moment for the King’s Cross estate as it nears build completion and becomes a fully operational asset. He brings an immense amount of industry experience to the role, and we look forward to working with him on the next chapter of King’s Cross."
(Updated on 28 May to correctly reflect the investors in KCCLP).