F&C Commercial Property Trust Limited announced that Nick Tostevin, who has been a Director since 2005, will retire from the Board at the Annual General Meeting on 28 May 2015. Following a formal recruitment process, the Board announced the appointment of two new independent non-executive Directors, Peter Cornell and David Preston, both of whom will join the Board on 1 May 2015 and stand for election at the Annual General Meeting on 28 May 2015. Peter Cornell was, until 2006, Global Managing Partner of Clifford Chance.

He then joined Terra Firma Capital Partners where he was Managing Director until 2011. He was a non-executive director of Circle Holdings plc from 2011 to 2013. Peter is a founding partner of Metric Capital partners in Guernsey and has a wealth of legal and commercial experience which will be of significant benefit to the Board.