Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Nigel Hugill steps down as chair of Lend Lease Europe

  • Comment
Nigel Hugill has resigned as chairman of Lend Lease Europe.

Hugill is currently responsible for overseeing some of the UK’s most significant developments, such as the Elephant and Castle redevelopment and the London 2012 Olympics Athletes' Village in Stratford.

Hugill, who will step down in December, said: ‘The scale and quality of the development pipeline and the pace at which we have been able to team-build exceeds any realistic expectations. The delivery at Stratford is absolutely on track and in the best of hands. It is the right time to seek new opportunities.’

It is understood that Hugill will remain as the long-term chair of trustees of the new Allford Hall Monaghan Morris-designed Cobham Academy at the heart of the Athletes' Village.

Meanwhile, Lend Lease is continuing to struggle to raise the funds for its half of the £1 billion Athletes' Village project due to the economic downturn, and has had to slash the number of dwellings from 4,200 to 3,300.

However, the Olympic Delivery Authority’s chief executive David Higgins told the AJ yesterday that he was confident the issue would be resolved by the end of the year.

Higgins said: ‘I have no doubt that the funding issues will be resolved by the New Year. There is no Plan B when it comes to the funding because we won’t need one – the funding will be secured.’

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.