Leading UK property investment & car park management

With 60 years’ experience, a commitment to sustainable development and a reputation for quality and innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London, as well as managing a portfolio of CitiPark car park branches across the UK.

Town Centre Securities PLC (TCS) is a leading UK property investment & car parking operator with assets of over £360 million.

TCS has a high quality portfolio around the UK comprising of over 360,000 sq ft of prime office space, over 1m sq ft of retail space, residential properties, car parks and hotels.

With over 60 years’ experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London.

Committed to tenants and shareholders, TCS provides world-class residential, office and commercial accommodation and robust investment opportunities through actively managing our portfolio for income and capital growth. We invest in locations likely to demonstrate sustainable growth, work closely with tenants to improve our properties to meet their needs, and dispose of properties that no longer meet our stringent criteria for future performance.

Management Team

Executive Directors

Dr. Edward Ziff OBE DL

Chairman & Chief Executive

Edward Ziff joined the Company in 1981 before being appointed
to the Board in 1985, becoming Managing Director in 1983, Chief Executive in 2001 and succeeded his Father and Founder of the Company as Chairman in 2004.

Edward is a life-long supporter of Leeds the city and plays an active role in the community.

A passionate family man, Edward brings a strong pastoral care aspect to the business, encouraging individual leadership and an active role
in the community through local charities.


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Stewart MacNeill

Group Finance Director

Stewart joined TCS as Group Finance Director in June 2021.

He has worked in the property industry, specialising in the finance side, since 2002, spending the bulk of his professional career at LXB Properties, the real estate investment company which focused on edge of town and out of town retail assets. Before joining TCS, he worked at a small development consultancy business.

Stewart is a Graduate of the University of Cambridge and a Fellow of the Institute of Chartered Accountants of Englan…

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Ben Ziff

Managing Director | CitiPark

Twitter: @benziff

Ben joined TCS in 2008, becoming CitiPark Managing Director in 2009. In September 2015, Ben was appointed to the Board of Directors.

In 2013, he successfully led a team in the redevelopment of the Merrion Centre multi-storey car park, which turned a 1960’s structure into a state-of-the-art facility featuring cutting edge systems; Skidata, ApplePay, Contactless Payment and ANPR technologies.

Since 2014, Ben has led the acquisitions programme…

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Non-executive Directors

Michael Ziff Hon DUniv (Brad)

Non-Executive Director

Michael’s lifelong involvement with the Company and his retail experience puts him in a unique position to understand TCS and to give counsel based on the founding principles of the business and the importance of taking a long-term strategic view. Michael was appointed to the board in July 2014,

He is a Director of W Barratt & Co Ltd, Transworld…

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Ian Marcus OBE FRICS

Non-Executive Director

Ian Marcus was appointed to the board in January 2015.

He spent over 32 years as an investment banker latterly at Credit Suisse. Ian is Trustee of The Princes Foundation, a Crown Estate Commissioner and a member of Redevco’s Advisory Board.

Ian is Trustee of The Princes Foundation and a member of Redevco’s Advisory Board. He is Senior Advisor to…

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Paul Huberman FCA CTA

Non-Executive Director

Paul Huberman was appointed a Director in January 2015.

He brings over 33 years’ experience in the property
and finance sector. Paul was previously Finance Director at three quoted companies.

Paul’s previous experience as Finance Director at three quoted companies, and his ongoing work in the real estate arena mean that he can robustly challenge…

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Jeremy Collins

Non-Executive Director

Jeremy was appointed to the Board in February 2018 and
has over 35 years’ experience in retail property development and management. In addition to his TCS responsibility Jeremy is Property Director and Executive Board member at Fenwick. Jeremy spent 15 years at John Lewis including as Property Director until 2018.

Previous experience includes wor…

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TCS was founded by Arnold Ziff in 1959 and floated on the London Stock Exchange in September 1960.

Always a forward-thinking organisation, TCS quickly built a reputation for pushing the boundaries with landmark developments and strong growth through active management and design innovation.

With firm foundations in the north of England and Scotland, TCS is acknowledged as a pioneer of the mixed-use scheme. TCS is involved in a number of large-scale regeneration and new build developments.

TCS is committed to sustainable development, high environmental standards and active local community participation, with a property portfolio exceeding £360m.

Mission Statement


TCS is a leading property investment and car parking operator committed to creating flexible, innovative, high quality commercial and retail accommodation and maximising shareholder value over the long term through the acquisition and active management of property in sustainable locations.

Health & Safety

TCS recognise the importance of Health & Safety at work.

Town Centre Securities PLC (the Company) recognises that under the Health & Safety at Work act 1974 and other relevant statutory legislation it has duties to its employees, those not of its employment and the environment.

TCS will ensure, so far as is reasonably practicable, the health, safety and welfare of its employees and anyone affected by its actions or those of its employees.

This is done by ensuring that all employees play an active part in the health and safety of the company and by providing adequate information, instruction, training and supervision for them to understand their role within the company

Corporate Social Responsibility

Proud to have long-standing links with local and national charities across the UK.

TCS is focused on the impact that our business has in the core
communities that we operate and the impact that we have on the
environment. We have an extensive Corporate Social Responsibility (CSR) and sustainable energy programme which throughout the year we use to develop a sustainable framework that is aligned to, and embedded in our corporate strategy.

At the outset of the COVID-19 pandemic in 2020, TCS responded by
launching a series of initiatives to support the NHS and Key Workers.
This included free parking with CitiPark and concessionary hotel accommodation at the ibis Styles Leeds City Centre Arena hotel (located close to the LGI) which was one of the only hotels in Leeds to remain open throughout the pandemic. In addition, TCS also championed schemes set up by our extensive tenant base which included exclusive shopping slots for key workers and soup kitchen delivery services to those in need.

Many of our Executive Directors have given time and personal commitment to one of our nominated charities by holding leadership positions. Our Chairman and Chief Executive, Edward Ziff OBE DL, is Chair and Trustee of the Leeds Teaching Hospital Charitable Foundation, a member of Council of the University of Leeds and a Trustee of the United Hebrew Congregation, Leeds.

To read our full Corporate and Social Responsibility Report please download our most recent Annual Report




18 Branches Nationally

Through our CitiPark business we have a unique lens into the consumer’s use of electric vehicles and are taking considerable steps forward in increasing the provision of EV charging for customers’ electric vehicles.

Projects include:
• Installation of EV charging across our car park estate and as part of new developments.
• Introduction of our first rapid charger at our Merrion Centre branch.
• Creation of our CitiCharge EV charging venture, with new charging facilities installed in Milngavie in the year.
• Plans to introduce an emission-based parking tariff . This is currently being trialled in one of our London branches.
• CitiPark are accredited as a ‘Go Ultra Low’ company recognising CitiPark’s commitment to EV vehicles within its own fleet.


Merrion Centre


The Merrion Centre is now in year three of its five-year sustainability plan and is on target for implementing its goals ahead of schedule. Our key objective is to reduce our carbon footprint and in turn reduce our impact on the environment, these initiatives include:

Waste Initiative:
• A waste management strategy allows tenants and customers the opportunity to reduce, reuse and recycle, as well as dispose of waste in a sustainable way. The great work with our stakeholders and service partners continues, and for 2019/20 (the second year running) our bespoke service enabled 100% of waste produced by the Merrion Centre to be diverted from landfill to be recycled or sent to a local Energy Recovery Facility (ERF).
Sustainability Projects:
• The creation of a cycle shower facility in the centre largely through reusable products to support the growing number of cycling enthusiasts
• Rolling programme continues to upgrade our power distribution system upgraded in key areas. The plan includes the installation of additional meters to reduce load on older control panels, further LED lighting installed in the centre mall and offices.

TCS has been committed to generating long-term sustainable success since its foundation over 60 years ago and still retains the ethos of its founder that business should make a positive contribution to the communities in which it operates”

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Town Centre Securities PLC (TOWN.L) 137.00 -1.50 Last updated: 26/11/2021 at 15:46