SYDNEY: Growthpoint Properties Australia (GOZ) has announced the appointment of Ross Lees as the new Chief Executive Officer and Managing Director. Lees, who brings over two decades of experience in real estate investment, will succeed Timothy Collyer, with a transition period extending until July 2024.

Lees’ extensive background includes a successful tenure as Head of Funds Management at Centuria Capital Group, where he expanded the funds management platform significantly. His strategic leadership at Centuria Industrial REIT is credited with transforming it into Australia’s largest industrial REIT.

Andrew Fay, GOZ Chair, expressed the Board’s confidence in Lees’ ability to enhance GOZ’s asset performance and funds management growth. The Board’s comprehensive search affirmed Lees’ exemplary track record and strategic capabilities in the Australian REIT sector.

Ross Lees expressed his honor in leading GOZ and his anticipation to work with the team to further the company’s success. Outgoing Managing Director Collyer praised the company’s culture and growth under his leadership and conveyed his best wishes to Lees for the future.