Parsons will take up the position on 13 November, reporting to Michel Dessolain, COO of Europe at URW. He will be responsible for the group’s asset portfolio and development projects in the UK and Italy, building on the company’s two UK flagship destinations, Westfield London and Westfield Stratford City.
He has over 25 years of investment, finance and operations experience in real estate and leading large developments within retail, as well as managing a diverse portfolio including theatres, cinemas, leisure and residential.
Parsons most recent position was managing director, retail portfolio at the Land Securities Group. Prior to this, he served as president of European real estate at Brookfield Asset Management. He also spent 10 years at GE Capital Real Estate, where he led the UK Business Development team.
Dessolain said: “As regional managing director, Scott will be part of our growth story against the backdrop of a rapidly changing industry, particularly in the UK. We have the best assets and the best teams to deliver success and are delighted that Scott will lead our UK and Italy business.
“His experience is of significant value to the group as we increase our focus on densification and mixed-use developments. We are happy to welcome Scott within URW and look forward to writing this new chapter together”.