Investa Listed Funds Management Limited (ILFML) as responsible entity of Investa Office Fund (IOF), announces that Ms Penny Ransom has been appointed Group Executive and Fund Manager of IOF, commencing in the role in August 2016.
Richard Longes, Chairman, ILFML said: “The Independent Directors of IOF are delighted at the appointment of Penny Ransom as Fund Manager of IOF. Penny brings to the position both the experience and reputation in the industry which will advance the interests of IOF unitholders. We look forward to working with Penny and the management team, to continue to deliver value for our unitholders.”
Jonathan Callaghan, CEO, Investa said: “We are excited to welcome a person of Penny’s calibre to Investa’s senior management team. Penny’s extensive experience across local and global capital markets, strong investor relationships and deep understanding of the Australian office market, will add significant value to IOF and to our business going forward.”Ms Ransom brings to the role extensive commercial property expertise, with a strong track record in driving performance through market cycles.
Ms Ransom previously spent 14 years at Lend Lease in senior roles across capital transactions, investment management, business development and investor relations, finishing as Head of Equity for UK & Europe in 2011. Most recently, Ms Ransom was Fund Manager of the Dexus Wholesale Property Fund and prior to that, Head of Capital at Dexus.
IOF will deliver its full year results on 18th August 2016.
to read the ASX announcement.