Land Securities poaches Vanessa Simms as its next finance chief

Land Securities has poached Vanessa Simms

Land Securities has poached Vanessa Simms from residential landlord Grainger as its next finance chief.

The appointment comes a week after the property company said it is selling roughly £4 billion of its portfolio as it aims to shift away from struggling sectors such as retail.

Simms, who has been chief financial officer at Grainger since 2016, is expected to join Land Securities by no later than June next year.

Previously at property rivals Unite and Segro, she replaces Martin Greenslade, who announced his exit last month.

She said she was ‘delighted to be joining’ the company.