Keppel REIT Management Limited (Keppel REIT Management), as Manager of Keppel REIT, is pleased to announce the appointment of Ms Carol Anne Tan Mei Ling (陈美玲) as an independent non-executive director and a member of the Environmental, Social and Governance (ESG) Committee of the Manager with effect from 2 May 2023.
Ms Tan has over 20 years of experience in the legal and real estate sectors. In the span of her career, she acted as counsel on many landmark real estate transactions in Singapore, representing and advising various major real estate companies, institutions, fund managers, REITs and investors. She has been involved in the acquisition, development and divestment of land and buildings in the commercial, industrial and business park spaces, including property-related corporate disposals and acquisitions, joint ventures and real estate financing.
Prior to her retirement in 2019, she was the Head of Real Estate (Southeast Asia) at Clifford Chance Asia where she was responsible for undertaking real estate transactions in Singapore and for oversight of real estate related aspects of transactions in Singapore and other jurisdictions, including China and India, with local counsel. Between 2004 and 2015, she was with WongPartnership LLP as a Partner in the Corporate Real Estate Practice. Her main areas of practice included property-related corporate disposals and acquisitions, property acquisitions and divestments, tender-related acquisitions, government land sales, as well as property regulatory and advisory work.
Mr Tan Swee Yiow (陈瑞耀), Chairman of Keppel REIT Management, said, “We are pleased to welcome Carol to our Board. With her wealth of experience in the real estate and legal sectors, Keppel REIT will benefit from her perspectives and insights, as we continue to build a strong and resilient portfolio of assets in Asia Pacific’s key business districts and deliver sustainable long-term total return to Unitholders.”
Ms Carol Tan replaces Mr Mervyn Fong (鄺文彦) as a member of the ESG committee. Mr Fong is currently an independent non-executive director of the Manager and will continue to be a member of both the Audit and Risk Committee as well as the Nominating and Remuneration Committee of the Manager.
Ms Carol Tan holds a Bachelor of Laws with Honours from the National University of Singapore.
Following the abovementioned changes, the Board of Keppel REIT Management will comprise seven directors, of whom five are independent directors and two are female directors.
|Mr Tan Swee Yiow||Chairman and Non-Executive Director|
|Mr Ian Mackie||Lead Independent Director|
|Mr Alan Rupert Nisbet||Non-Executive and Independent Director|
|Ms Christina Tan||Non-Executive Director|
|Mr Mervyn Fong||Non-Executive and Independent Director|
|Mr Yoichiro Hamaoka||Non-Executive and Independent Director|
|Ms Carol Tan||Non-Executive and Independent Director|
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About Keppel REIT (www.keppelreit.com)
Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia’s leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific’s key business districts.
Keppel REIT’s objective is to deliver stable income and drive sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.
As at 31 March 2023, Keppel REIT had a total portfolio value of $9.1 billion, comprising properties in Singapore; the key Australian cities of Sydney, Melbourne and Perth; Seoul, South Korea, as well as Tokyo, Japan.
Keppel REIT is sponsored by Keppel Land Limited, a wholly-owned subsidiary of Keppel Corporation Limited. It is managed by Keppel REIT Management Limited, a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. (Keppel Capital). Keppel Capital is the asset management arm of Keppel Corporation, a Singapore-headquartered global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of energy & environment, urban development and connectivity. Keppel Capital has a diversified portfolio of real estate, infrastructure, data centres and alternative assets in key global markets.