CLS Holdings has appointed Harry Stokes as its new chief financial officer (CFO), starting in January 2026.
Stokes, a chartered accountant with more than 25 years of experience, joins from UK-based real estate investment trust, SEGRO, where he served as commercial finance director.
Prior to SEGRO, he was head of investor relations and led the European real estate equity research team at global financial services company, UBS.
He has also worked at multinational investment bank and financial services firm, Citi, as well as PwC, a global professional services firm that provides assurance, tax, and advisory services.
Stokes will succeed Andrew Kirkman, who is stepping down after more than six years in the role.
Kirkman will support the transition through January 2026.
Stokes said: “The company has a very high-quality leadership team and a long-term strategy to deliver growth in challenging conditions.
“I look forward to making a significant contribution to the company’s long-term success.”
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CLS Holdings’ property portfolio is valued at £1.9 billion – including £897 million in the UK alone – with £109 million in contracted rent across 6.2 million sq ft of space.
The London Stock Exchange-listed office and commercial property specialist posted £151.9 million in turnover for the year ended 31 December 2024, but reported an operating loss of £52.5 million and a £97.4 million pre-tax loss, against a “demanding” economic backdrop.
In addition to its London headquarters, the company has offices in Paris, Hamburg, and Luxembourg, with a property portfolio across the UK, France, and Germany, housing more than 700 tenants, including blue-chip companies and government departments.
Lennart Sten, chairman at CLS, said: “We are delighted to welcome Harry to the Board.
“[His] proven experience will assist us to deliver our strategy as we enter a new phase of the property cycle.”
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