Leading UK property investment & car park management
With over 60 years’ experience, a commitment to sustainable development and a reputation for quality and innovation, TCS has built a diversified, mixed use portfolio with a high-quality tenant base focused on regional centres across the UK, primarily Leeds and Manchester. In addition we manage an extensive portfolio of national CitiPark car park branches.
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 over 2.5m sq ft of prime commercial, residential, car parking, office, leisure & retail accommodation. This is in additon to our development pipeline which has an estimated GDV of over £600m.
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.
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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 the Leeds city region 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 supporting of local charities.
E…
Read MoreEdward 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 the Leeds city region 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 supporting of local charities.
Edward’s position as son of the founder, and his lifelong experience working in the business make him uniquely qualified to lead the Company. The wider role he plays in the Leeds community in particular support leading this proudly Leeds-based business.
He is Chair and Trustee of Leeds Hospital Charity, a Member of the Governing Council of UCS (University College School) Hampstead, a Trustee of the United Hebrew Congregation, Leeds, and a Deputy Lieutenant for the County of West Yorkshire.
In 2013 he was awarded an Honorary Doctorate of Business Administration by Leeds Beckett University. Edward was awarded an OBE for services to the Leeds community and economy in the 2017 Queen’s birthday honours list.
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…
Read MoreStewart 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 England and Wales.
Outside of the office, Stewart enjoys life outdoors whether with his family or running and cycling around the paths and roads of North Yorkshire.
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…
Read MoreTwitter: @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 which has doubled the size of the car park division. Ben’s personal interest in combining tech, renewable energy and EV Charging led to the development of TCS Energy in 2012 which pursues renewable energy production and storage.
Ben has ensured the Group uses cutting edge technology to revolutionise and maximise its operations, including guiding the Board’s financial investment of YourParkingSpace.co.uk
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, Transworl…
Read MoreMichael’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 Business Advisors UK Ltd and London Business Franchise & Brokerage Ltd. He is President and a trustee of Maccabi GB and International Vice President of Maccabi World Union. He is also Hon President of UK Israel Business and Member of Council at the University of Bradford.
Ian Marcus OBE FRICS
Non-Executive Director
Ian Marcus was appointed to the TCS Board in January 2015.
Ian graduated from the University of Cambridge in 1981 with a degree in Land Economy. Ian was in the banking industry for over 32 years having previously worked for Bank of America, UBS, NatWest and Bankers Trust/Deutsche, always focusing on the real estate industry. Ian joined Credit Suis…
Read MoreIan Marcus was appointed to the TCS Board in January 2015.
Ian graduated from the University of Cambridge in 1981 with a degree in Land Economy. Ian was in the banking industry for over 32 years having previously worked for Bank of America, UBS, NatWest and Bankers Trust/Deutsche, always focusing on the real estate industry. Ian joined Credit Suisse First Boston in 1999 to establish the Real Estate Group, and became Managing Director and Chairman of the
European Real Estate Investment Banking.
Ian is a member of Redevco’s Advisory Board, the Senior Independent Director for both Secure Income REIT and Shurgard Self Storage, and a Non Executive Director for Town Centre Securities Plc. He is a Senior Adviser to both Eastdil Secured and Anschutz Entertainment Group. He is also President of the Cambridge University Land Society and a Senior Advisor to two new Businesses, Work Life and Elysian Residences. He is a Trustee of the Saracens Multi Academy Trust. He chaired the Princes Regeneration Trust for 11 years and was a Trustee of the Princes Foundation.
Ian is a former Crown Estate Commissioner, a past President of the British Property Federation, past Chairman of the Investment Property Forum, a Fellow of the RICS and for 10 years chaired the Bank of England Commercial Property Forum.
Ian was made an Officer of the Order of the British Empire in HM Queen’s 2020 Birthday Honours List.
Paul Huberman FCA CTA
Non-Executive Director
Paul Huberman was appointed a Director in January 2015.
He brings over 34 years’ experience in the property and finance sector.
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 and scrutinise the financial affairs of the business, leading t…
Read MorePaul Huberman was appointed a Director in January 2015.
He brings over 34 years’ experience in the property and finance sector.
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 and scrutinise the financial affairs of the business, leading the Audit Committee, as well as contributing meaningfully to the broader operational and strategic activities of the Company.
He is currently a Non-Executive Director of Galliard Homes
Limited, a Non-Executive Director at LiFE At Ltd, a Non-Executive Director at GetBusy plc, a NonExecutive Director at a privatelyowned property group, and a Non-Executive Director at The Industrial Dwellings Society (1885) Ltd.
Previously Paul was a Non-Executive Director at GRIT Real Estate Income Group Ltd, a listed pan African property investment company and a Non-Executive Director at JCRA Group Ltd, the holding company of JC Rathbone Associates Ltd, the independent advisors on interest rate risk management, debt finance and foreign
exchange exposure.
Jeremy Collins
Non-Executive Director
Jeremy was appointed to the Board in February 2018 and
has 40 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 working…
Read MoreJeremy was appointed to the Board in February 2018 and
has 40 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 working for Lend Lease, MEPC and Grosvenor Square Properties. Jeremy’s first job was at Wirral
Metropolitan Borough Council, which gave him an insight into the workings of local authorities and began his passion for urban regeneration. He graduated from the University of Reading, qualified as a chartered surveyor, and is a Past President of the British
Council of Shopping Centres (now known as REVO).
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, residential and retail accommodation. Through the acquisition and active management of property in sustainable locations, we create quality spaces for our tenants, help communities to thrive and generate value for shareholders over the long term.
Health & SafetyTCS 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
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 Leeds Hospital Charity, a Member of the Governing Council of UCS (University College School) Hampstead and a Trustee of the United Hebrew Congregation.
To read our full Corporate and Social Responsibility Report please download our most recent Annual Report
Environment
CitiPark
Branches Across The UK
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
Leeds
The Merrion Centre has a clear roadmap working towards Net Zero with focus on carbon emissions, resource use and social economic impacts. Our strategy is implemented deeply into the way we work at the forefront of any decisions taken. We recognise our responsibility to the environment beyond legal and regulatory requirements.
Travel and Transport:
Our fleet is HEV, reducing costs and improving productivity. We’ve implemented a cycle facility in the centre largely through reusable products to support the growing number of cycling enthusiasts
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 our bespoke service enables 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).
Energy Initiative:
A rolling programme is in place to upgrade our power distribution system. The plan includes the installation of additional meters to reduce the load on older control panels, and the implementation of LED lighting throughout the centre and offices. Focusing on reducing our energy costs by applying energy efficiency measures. Utilities are tendered with sustainable consideration. Our Energy performance Certificates are current and actively used to improve ratings.
Suppliers:
Our suppliers are committed to supporting our sustainable goals. They report on sustainable items as well as identify innovation to help our journey.