In an exciting development for Regional REIT Limited, David Hunter has been appointed as an Independent Non-Executive Director and Chair Designate, effective January 2, 2025. This move comes as part of a strategic decision to bolster the company’s leadership team and drive future growth and success.
Key Points to Note:
- Hunter will be joining the Audit, Nominations, and Management Engagement & Remuneration Committees upon assuming his new role.
- With a rich background in property fund management, Hunter is set to succeed Kevin McGrath as Chair of the Board on March 18, 2025.
- Hunter’s impressive track record includes leadership roles at Aberdeen Asset Management and various REITs and real estate firms.
- Massy Larizadeh, Senior Independent Director of Regional REIT, expressed confidence in Hunter’s appointment, highlighting his expertise in commercial real estate and fund management.
- Hunter’s appointment coincides with a pivotal moment for Regional REIT, following a successful capital raise that has bolstered the company’s financial position.
- The focus moving forward will be on enhancing shareholder value through active portfolio management, capitalizing on rising office space occupancy trends.
As Regional REIT gears up for a new chapter under Hunter’s leadership, the company is poised for further growth and innovation in the commercial real estate sector. This strategic move signifies a commitment to excellence and a vision for a successful future.
This announcement is based on a press release statement from Regional REIT Limited.
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