Monday 9th August 2010 |
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AMP New Zealand Office Trust has poached Goodman (NZ) fund manager Scott Pritchard to head up the property trust as it transforms itself into a listed company.
Pritchard will take up his new role as ANZO’s chief executive on September 6 after six years with Goodman and will oversee the property investor’s attempt to overhaul its structure by aligning the manager’s incentives with unit-holders’.
“Mr Pritchard has a proven track record as a high performing listed property fund manager and is very well regarded in the industry and is noted for his strength in building and enhancing key commercial relationships in the market,” said chairman Craig Stobo.
“The board is very much looking forward to working with Mr Pritchard in the leadership of ANZO.”
The news comes as Goodman announced it has lured back a former executive from Europe to take up a senior role within the company. Murray Barclay spent the past three years heading up Goodman Group’s logistics in Southern Europe.
ANZO shares were unchanged at 71 cents, while Goodman’s stock was unchanged at 93 cents.
Businesswire.co.nz
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