Appointment of Ross Lees as CEO and Managing Director

Growthpoint Properties Australia (ASX: $GOZ) has announced the appointment of Ross Lees as the Chief Executive Officer (CEO) and Managing Director, succeeding Timothy Collyer. Ross Lees, with over 20 years of real estate investment management experience, is expected to commence his role with GOZ by 1 July 2024. Mr. Collyer will continue with GOZ until July 2024 to ensure a smooth transition.

Executive Commentary on Ross Lees' Appointment

On behalf of the Board, we are delighted to announce the appointment of Ross as the next CEO and Managing Director of GOZ. Under Ross' leadership, the Board is confident GOZ will be well-positioned to continue the strong performance of its directly owned assets, build on its funds management growth plans and maximise value for securityholders over the long term. The Board conducted a comprehensive search process and believes Ross has outstanding leadership qualities and strategic capabilities, along with an exemplary track record in the Australian REIT and funds management sectors. - Andrew Fay, GOZ Chair

Summary of Ross Lees' Appointment and Outlook

Growthpoint Properties Australia (ASX: $GOZ) has appointed Ross Lees as the new CEO and Managing Director, bringing with him extensive experience in real estate investment management. The Board is confident in Ross' ability to lead the company, continue the strong performance of its assets, and maximize value for securityholders. With a track record of success in the Australian REIT and funds management sectors, Ross is expected to drive growth and build upon the positive legacy left by Timothy Collyer. This appointment reflects GOZ's commitment to sustainable growth and value creation for its stakeholders.