The former chair of the London Thames Gateway Development Corporation has been appointed the chair of government-owned property company London & Continental Railways.

Lorraine Baldry’s appointment as chair of LCR, which owns a range of property interests along the route of High Speed 1, will be for a term of three years.

Baldry is chair of consultancy Inventa Partners, chair of Tri-Air Developments, a board member of the Olympic Delivery Authority, a governer of the University of the Arts London, a senior independent director at DTZ Holdings and a former chair of the LTGDC.

Baldry said: “With its land interests including King’s Cross Central and the International Quarter Stratford City, and track record in regeneration linked with High Speed 1, LCR is already one of the UK’s most exciting property companies.

“I am thrilled to become chairman as LCR enters a new phase of its life.”