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PR Newswire
12-01-2015, 09:37 PM
PRESS RELEASE
12 JANUARY 2015
ARA ESTABLISHES AUSTRALIAN PLATFORM APPOINTS DAVID BLIGHT AS CHIEF EXECUTIVE OFFICER
The Board of Directors of ARA Asset Management Limited (“ARA”) is pleased to announce the establishment of its Australian platform and the appointment of Mr. David Blight as its Chief Executive Officer (“CEO”).
Mr. Blight is a highly regarded real estate investment manager in Australia, with more than 30 years of experience in real estate and global funds management. Having spent close to 20 years with ING Real Estate, he was managing director, then global chairman and CEO of ING Real Estate Investment Management and subsequently vice chairman of ING Real Estate. His last role was group managing director and CEO of the APN Property Group. His present directorships include that of Woodcliff Capital Pty Ltd and Japara Healthcare Ltd, in addition to being the founding chairman and non-executive director at Asia Pacific Real Estate Association (Australia).
ARA Group CEO Mr. John Lim said: “Australia is a target market that offers investment and capital raising opportunities that would support the future growth in our funds platform. The establishment of our Australian platform will strengthen our presence in the Asia Pacific region, as we expand our reach to 15 cities across Singapore, Hong Kong, China, South Korea, Malaysia and Australia.”
Mr. Lim added: “We are glad to have David drive our business expansion initiatives in Australia, a key focus for ARA as we continue to grow our assets under management through our existing funds and with new fund products.”
“ARA has a strong reputation and a proven track record as Asia’s premier real estate fund manager. It is a great honour to work with them and I believe we will be able to create significant synergies to benefit investors both within and outside of Australia,” said Mr. Blight.
http://infopub.sgx.com/FileOpen/PressRel...eID=331159
(vested)
12 JANUARY 2015
ARA ESTABLISHES AUSTRALIAN PLATFORM APPOINTS DAVID BLIGHT AS CHIEF EXECUTIVE OFFICER
The Board of Directors of ARA Asset Management Limited (“ARA”) is pleased to announce the establishment of its Australian platform and the appointment of Mr. David Blight as its Chief Executive Officer (“CEO”).
Mr. Blight is a highly regarded real estate investment manager in Australia, with more than 30 years of experience in real estate and global funds management. Having spent close to 20 years with ING Real Estate, he was managing director, then global chairman and CEO of ING Real Estate Investment Management and subsequently vice chairman of ING Real Estate. His last role was group managing director and CEO of the APN Property Group. His present directorships include that of Woodcliff Capital Pty Ltd and Japara Healthcare Ltd, in addition to being the founding chairman and non-executive director at Asia Pacific Real Estate Association (Australia).
ARA Group CEO Mr. John Lim said: “Australia is a target market that offers investment and capital raising opportunities that would support the future growth in our funds platform. The establishment of our Australian platform will strengthen our presence in the Asia Pacific region, as we expand our reach to 15 cities across Singapore, Hong Kong, China, South Korea, Malaysia and Australia.”
Mr. Lim added: “We are glad to have David drive our business expansion initiatives in Australia, a key focus for ARA as we continue to grow our assets under management through our existing funds and with new fund products.”
“ARA has a strong reputation and a proven track record as Asia’s premier real estate fund manager. It is a great honour to work with them and I believe we will be able to create significant synergies to benefit investors both within and outside of Australia,” said Mr. Blight.
http://infopub.sgx.com/FileOpen/PressRel...eID=331159
(vested)
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