Housing veteran Rae joins Springfield Properties board
Springfield Properties has appointed Colin Rae as a non-executive director of the group with immediate effect.
Mr Rae, aged 54, is a chartered quantity surveyor with nearly 40 years’ experience in the construction and housebuilding industries, specialising in project and development management.
From 2002 to 2019, he held leadership positions at Places for People, one of the largest development, regeneration, property management and leisure companies in the UK with an asset base of £4.5 billion.
Most recently, as group executive development director at PfP, he managed a UK-wide mixed tenure development programme of c. £200 million, delivering core housing assets for affordable and market rent and sale. This included the development of the 376-home Engine Yard site in Edinburgh, the largest single National Housing Trust development in Scotland.
Prior to this, he was project director for Scotland, with responsibility for establishing and delivering PfP’s strategic development programme in Scotland. In this role, he liaised with private sector partners, the Scottish Government and local authorities and, with a team of 25, achieved annual development turnover of £60 million within five years.
Previous experience includes project management roles at The EDI Group, a property development company wholly-owned by the City of Edinburgh Council, and Woolwich Homes, as well as surveyor positions at Millar Brown Associates and Gibson & Simpson.
Mr Rae is a long-term director of Homes for Scotland, the representative trade body for the housebuilding sector in Scotland, and is a former chairman of Turning Point Scotland, a social care charity that provides residential rehabilitation services.
He is a member of the Royal Institution of Chartered Surveyors (MRICS) and holds a BSc in Quantity Surveying from Napier University.
Sandy Adam, executive chairman at Springfield Properties, said: “Springfield has made great strides since listing (sic) on AIM in 2017 and the appointment of Colin complements the skills of our existing directors, strengthening the board to reflect the enhanced scale of the business today and our plans for continued growth.”