Tuesday, 8 September 2026
Simon Carter is joining P3 Logistic Parks as CEO-designate and will formally take over leadership of the European logistics property investor and developer on 17 September 2026. Carter succeeds Frank Pörschke, who is stepping down after almost six years as chief executive. Pörschke will continue working with Carter and P3’s senior management during a transition period.
“On behalf of the Board, I welcome Simon Carter as CEO and we very much look forward to working with him. Simon will build on P3’s strong foundations and lead the company through its next phase of stable and sustainable growth,” said Tay Lim Hock, Chairman of the Board of P3 Logistic Parks. “I would also like to thank Frank Pörschke for his leadership and contribution over almost six years, during which P3 expanded its presence across Europe and strengthened its position in the market.”
Carter brings experience spanning property investment, finance and corporate strategy. His previous senior positions include CEO of British Land and CFO of Logicor, while he has also held leadership roles at Quintain Estates & Development.
“P3 is an outstanding business with an experienced team, a high-quality portfolio in the right markets and a clear long-term strategy. My immediate priorities will be customers and operational performance, supporting our growth plans and continuing to build on what the company has achieved,” said Simon Carter, CEO-designate of P3 Logistic Parks. “I look forward to working with the Board and colleagues across P3 as we pursue our ambition to become the leading investor and developer of logistics real estate in Europe.”
Before moving into senior property positions, Carter began his career at Arthur Andersen, where he qualified as a chartered accountant, and subsequently worked in fixed-income securities at UBS. He has also served as president of the British Property Federation and was previously a board member of Real Estate Balance.
The appointment marks a leadership transition at P3 following a period in which the company expanded its European operations under Pörschke. Carter will now oversee the next stage of the group’s investment, development and operational strategy across its European logistics portfolio.
