Board of Directors

Mr Andy Tanchyeguan is the CEO of Tenacity Group of family offices and global investors that invests in real assets, technology and alternatives. The multidisciplinary experiences of the group across Industrials, Financials, Big Data, Artificial Intelligence, SWFs and Fortune 500s provide deep, broad and holistic insights into global capital and new economy. He was the former CEO of Generali Real Estate Asia at Generali Group, a public listed Fortune 500 global insurer responsible for the Asia Pacific real estate business. Prior to that, he wasthe Executive Vice President of MEAG Pacific Star Asset Management where MEAG is Munich Re’s asset management arm and Vice President of the Government of Singapore Investment Corporation (GIC) based in London and Singapore covering the Asian, Australian and European markets.

He is also Fellow of SID and serves as Chairman of Asia Pacific Real Assets Association (APREA) Singapore Chapter, Audit & Risk Committee (ARC) Chair of Focus on the Family, Nomination & Remuneration Committee (NRC) Chair of APREA, Institute of Banking & Finance (IBF) Exam Board Member and The Law Society Inquiry Panel Member. A former Director and Council member of SID, he was also the Chairman of SID Board Appointment Service and member of SID Audit Committee and Best Managed Board Award Committee.

Globally he has advised, raised, invested, developed and managed multibillion funds and portfolios across Asia, Australia and Europe ranging from direct investment and development assets to listed and unlisted companies, REITs, funds and strategic alliances. He therefore brings on board extensive years of international and diversified experience in general management, business development, fund management, investment, development and asset management including corporate governance and stewardship experience on the boards of public and private institutions.

Ms Christina Hau is the Chief Executive Officer of Champion Real Estate Investment Trust, overseeing its strategic development, asset management, asset enhancement and investment opportunities. Ms Hau is a Registered Architect in Hong Kong with over 20 years of experience in the real estate industry, covering design, planning, project management and asset management of renowned world-class commercial complexes. Prior to joining the REIT Manager, Ms Hau worked at Hong Kong’s leading real estate listed companies overseeing key investment properties in Mainland China. Ms Hau graduated from The Chinese University of Hong Kong with degrees in Master of Architecture and Bachelor of Social Sciences (Hons). She is a member of Hong Kong Institute of Architects and Vice- Chairman of Commercial Properties Research Association under China Real Estate Chamber of Commerce.

Dato’ Stewart LaBrooy is a Board member of the Asia Pacific Real Estate Association (APREA). It is the industry body for the suppliers and users of capital in the real estate sector. He served as the founding Chairman of the Malaysian REIT Managers Association (MRMA), from 2010-2015, an organization he helped set up in 2010 to give Malaysian REIT Managers a single voice for the purpose of engagement with the Regulators and Ministry of Finance.

Dato LaBrooy has been writing on a regular basis on Property and REITs for the local mainstream print and online media for the past five years or so, and is known and recognised as the “REIT Guru” in the country. He is also a prominent speaker on the subject of Industrial Estate Development and Conventional and Islamic REITs in the region, having been invited to deliver papers in Singapore, Hong Kong, Istanbul, New York, London, Saudi Arabia, Philippines and Malaysia.

He was appointed Executive Director of Axis REIT on 22 March 2005 and Chief Executive Office (“CEO”) of Axis REIT since August 2008. Axis REIT was the first REIT to be listed in Malaysia and the first Shariah-compliant industrial REIT in the world. Under his leadership, Axis REIT has won several awards, among them, the APREA Best Practices Award in 2010, 2011 and 2013. Axis REIT has provided its investors with total average returns in excess of 25% over the 10 years he helmed the business and still trades today at a 30% premium to NAV. In 2017 Dato’ LaBrooy formed the world’s first unlisted Shariah compliant Education Asset based REIT- Alpha REIT ,which has a planned listing in 2022. He is currently serving as the Chairman of the Board of Directors.

Dato’ Stewart LaBrooy is the Executive Chairman of AREA Management Sdn. Bhd. a subsidiary of AREA Advisors Pte Ltd (AREA) an appointment he has taken since his retirement as CEO and Executive Director of Axis REIT Managers Bhd (ARMB) on 31 December 2015. With a career spanning over 40 years in the industrial space, he has spent well over a decade since 2005 in heading Axis REIT and establishing REITs as an important component of the capital markets. Dato’ Stewart LaBrooy is also a director of a number of public and private companies involved in property development, services and property investment.

Since its inception, AREA was established as a boutique advisory firm providing advice on investing in industrial properties in Malaysia, UK, Australia and Germany. AREA has decided to expand its advisory role to include funds management. It has since set up a company that will undertake the investment management activities (the AREA Industrial Development Fund 1 (AIDF 1) and AREA Management Sdn Bhd (AMSB) was set up to undertake the management of the projects of the fund in Malaysia. AREA Advisors Pte Ltd was re-designated as the Funds management company. In November 2015 AIDF 1 launched its first maiden project a 1,200,000 sq. ft. e-commerce hub in the heart of Kuala Lumpur.

Dato’ Stewart LaBrooy is also a director of a number of public and private companies involved in property development, services and property investment.

Having worked in China, the U.S., Hong Kong, Singapore, and Australia, Mr. Chen has vast and diverse experiences in real estate investment and financing, REITs, PERE fund management and asset management, real estate development, planning & design, and international business operations.

Mr. Chen is the Chairman & Chief Executive Officer of F.O.G. Capital & Asset Management Corp. (Fields of Gold Corp. - a real estate focused investment & asset management firm headquartered in Shanghai, China, and a Harvard China Fund partner for over 10 years) and the independent director of Yuexiu REITs (the World's first publicly listed REITs in Hong Kong in 2005 investing mainly in mainland properties). He also has been serving as the Development Head of China for a Top-10 Globally ranked real estate investment fund and as senior executive of one of the largest listed blue-chip real estate development groups in Hong Kong. He has also worked as senior architect in an international architectural firm in Boston, MA. USA.

Mr. Chen is a visiting professor at one of the top business schools in China- Cheung Kong Graduate School of Business (CKGSB). He was also a mentor for China Ren Min University’s MBA program. He teaches Real Estate and Capital Market related courses in Tsinghua University, Peking University, Shanghai Jiao Tong University and Tongji University. While living in the US, Mr. Chen was a Guest Lecturer at the BAC (Boston Architecture Center), where he taught architectural design and planning studios.

A sustainability practitioner for over two decades, Esther published the first sustainability report in Singapore in 2008 and issued the first green bond by a Singapore company in 2017. Conferred the 2018 SDG Pioneer for Green Infrastructure and A Low Carbon Economy by the UN Global Compact, and named amongst 25 Trailblazing Women against Climate Change by Reuters in 2023 as well as the inaugural TIME100 Climate Leaders in Business 2023 list, Esther sits on the boards or advisory platforms of international organizations including:

• World Economic Forum Nature-Positive Cities Global Commission
• World Green Building Council Corporate Advisory Board Chairperson
• Taskforce on Nature-related Financial Disclosures
• UN PRI Real Estate Advisory Committee
• UN ESCAP Sustainable Business Network Executive Council
• Global Reporting Initiative (GRI) Supervisory Board
• Urban Land Institute (ULI) Randall Lewis Center Advisory Board for Sustainability in Real Estate and ULI Asia Pacific Net Zero Council
• Asia Pacific Real Assets Association (APREA) Board of Directors and Chair of ESG Committee
• GRESB Foundation Board

She founded Women4Green and Youth4Climate networks to empower women and youths to champion climate action and sustainable development.

George Agethen is responsible for the investment and asset-management strategies outlined in the Ivanhoé Cambridge’s annual business and strategic plans. He works closely with the Asset Management, Growth Markets team and collaborate with internal and external stakeholders to put in place and consolidate strategic partnerships for major projects being developed in the Asia-Pacific region.

Mr. Agethen has extensive experience in our industry, and more specifically in the Asian real estate market. Before joining Ivanhoé Cambridge in 2015, he was Senior Executive Director and Head of Alternative Investments at Ping An Trust, a subsidiary of Ping An Insurance (Group) Company of China Ltd., a public company. In his past position, he was responsible for establishing a multi-asset real estate portfolio which invests globally. He served also as Executive Director for HREI (a joint venture between Harvest Funds Management and Grosvenor Group) and as Head of business development and capital-raising for Harvest Capital Partners, China’s leading real estate fund managers. He was previously Vice President, Private Capital Markets, Real Estate, for Macquarie Capital in Asia. He also spent several years in the real estate sector in Australia.

Mr. Agethen holds bachelor’s degrees in commerce and in law and a master’s degree in commerce, specializing in Finance, from University of New South Wales in Sydney, Australia. Mr. Agethen is a Fellow of the Financial Services Institute of Australasia and is a Jury Member for the MIPIM Asia Awards. Over the course of his career, George has lived in Australia, Hong Kong, Singapore, and China. He speaks fluent English, Mandarin and Cantonese.

From 2015 to 2023, he served as the President & CEO of Sumisho Realty Management, a subsidiary of Sumitomo Corporation, and expanded its AUM to over ¥700 billion. He diversified the firm's investments in structures such as SOSiLA Logistic REIT(publicly-traded) and SC Realty Private REIT(privately-placed) alongside a broad spectrum of separate accounts.

Earlier, at Sumitomo Corporation, he held pivotal roles and managed a comprehensive real estate portfolio in both Japan and the US, encompassing residential, commercial, and logistics sectors.

From 2024 to April 2025, he served as Director and Head of Strategic Business Division at ES-CON Japan. He is currently with Fortress Investment Group, where he is engaged in J-REIT related operations.

He graduated from Kyoto University in 1983 with a bachelor’s degree in architecture. Also, he is a licensed architect in Japan, an esteemed ARES Certified Master, APREA Board Member/Japan Chapter Chairperson and RICS Japan, MEG Co-chairperson (FRICS).

Chen has overall responsibility for international business group and cross-border investment activities in COS-Capital. Since co-founding COS Capital, he has led the group in deploying nearly USD 400mn equity capital into US real estate, ranging from core-plus to value-add to opportunistic projects. From 2007 to 2013, Mr. Chen was Managing Director & Head of Global Real Estate (GRE) - Greater China at UBS Global Asset Management. He was responsible for managing and developing the GRE business as well as the strategic initiatives in the region. He was a member of the Asia Pacific Management Committee of UBS Global Asset Management. He spearheaded the establishment of the UBS/Gemdale JV. While serving as Co-CEO for the JV, he successfully led the launch of its first China Real Estate Fund and served as the principal manager for the fund. Joining UBS in 2003 as the Global Head of Research & Strategy, Mr. Chen was responsible for developing investment strategies and conducting portfolio analysis, as well as providing economic, capital market and real estate market analysis in both private and public markets. He served on various global, regional and country investment committees and boards. Further back, Mr. Chen was Principal - Investment Strategies Group at Lend Lease Real Estate Investments for three years. Earlier, he held various investment positions at Boston Financial, SSR Realty Advisors and MetLife Realty Group. He sits on the Board of Asia Pacific Real Estate Association and the Advisory Board of the Global Chinese Real Estate Congress. He was a board member of American Real Estate Society from 2004 to 2009 and a member of the Advisory Board of Real Estate Research Institute from 2003 to 2008. And in 2004-2009, he was a member of the Editorial Boards for Journal of Real Estate Portfolio Management and Journal of Real Estate Literature. He holds a PhD from MIT, MS from UBC, and a bachelor’s degree from Tsinghua University.

陈李健Lijian Chen 高级执行总裁

负责领导和管理东方藏山的国际和跨境投资业务。自东方藏山成立以来，陈李健先生带领团队在美国完成了约4亿美元的投资，所投项目涵盖了类核心型，增值型和机会型。陈李健先生曾于2007年至2013年担任瑞银（UBS）环球资产管理大中华区地产投资主管，董事总经理。自2008年起他领导团队成功启动瑞银在中国的地产投资业务，完成了第一支美元中国地产基金的募集(基金规模2.07亿美元)，首创国际知名资产管理公司与国内品牌开发商的合作模式，并取得了优异的投资回报。陈李健先生2003年加入瑞银集团，担任全球研究与战略投资主管，负责投资策略的开发，投资组合分析的制定与实施，以及为私募和公募市场提供有关经济政策、资本市场和房地产市场等方面的研究工作。他曾在多个全球性、区域性和国家级的投资委员会和董事会任职。此前，他在澳洲联盛房地产投资管理公司投资策略部门担任主管达三年。早期，他还在波士顿金融公司和SSR Realty Advisors（原美国大都会人寿保险）的投资业务部门担任多种职位。陈李健先生曾获得美国麻省理工学院博士学位、加拿大英属哥伦比亚大学硕士学位和清华大学建筑学学士学位。

Mr Lim has extensive experience in the investment management and real estate sectors. From 1986 to 1995, he was with Jones Lang Wootton in Sydney, where his last held position was Research Director. He joined Suncorp Investments, Brisbane, Australia and worked as the Portfolio Manager of Property Funds from 1995 to 1997. From 1997 to 2008, he was with the Government of Singapore Investment Corporation, where his last held position was Regional Manager.

From 2008 to 2011, Mr Lim was a Managing Director of GIC Real Estate. His responsibilities included being the Regional Head of Property Investment for Australia, Japan and Southeast Asia and the Global Head of the Corporate Investments Group that invests in public REITs and property companies.

Mr. Lim is currently the Chairman of Cromwell European REIT, the only Pan- European REIT listed on Singapore Exchange Securities Trading Limited ("SGX- ST”). He also sits on the board of General Property Trust Group and Sunway Berhad. Mr Lim sat on the board of Global Logistic Properties Limited, before it was delisted in2018.

Neel, an alumnus of Harvard Business School and a Masters' in Finance and Economics with a Degree in Law has about 26 years of rich business experience.

Neel heads the core real estate business and is now instrumental in setting up I.T. office parks and residential townships. He is on the Board of Chalet Hotels, hospitality division of the group, which manages seven 5‐star properties across India. He has successfully set up the brand 'Inorbit Malls' at pan India basis and Inorbit is now among the top 3 mall companies in the country.

Neel is also on the Board of 'Shoppers Stop', the country's prestigious department store chain.

He was selected as the Top 40 under 40 by Economic Times.

He chairs some of the important committees that shape key industry developments, like:

• APREA, Chairman, India Chapter.
• NAREDCO‐President, West.
• Confederation of Indian Industry (CII), Chairman ‐ National Committee on Real Estate and Housing.
• Advisory Board Member, SCAI (Shopping Centres Association of India)

He has been appointed by the Government of India to study and suggest changes to the Special Economic Zone policy.

He was invited by the Honourable Prime Minister of India as a member of 'Champions of Change'.

S. Sriniwasan (Srini) has been with the Kotak Group since 1993 and currently heads KIAL.

Srini established one of India’s first Real Estate funds in 2005 and steered the growth of the business to raise and invest USD1.8bn. Srini also oversees Kotak Private Equity, Kotak Infrastructure Funds, Kotak Special Situations Fund and Kotak Listed Strategies. Overall, KIAL has raised about USD4.06bn in funds across these asset classes.

Prior to KIAL, he was a part of Kotak’s investment banking joint venture with Goldman Sachs since inception in 1995. As co-head of Kotak Investment Banking till 2005, Srini advised leading domestic and international companies on capital raising, M&A and strategic divestitures.

Srini is a member of the Federation of Indian Chambers of Commerce and Industry (FICCI) committee for policy initiatives on Foreign Direct Investment and REITs and the Confederation of Indian Industry (CII) subcommittee on Capital Markets. He also serves as Chairman for the Royal Institute of Chartered Surveyors (RICS), South Asia Valuation Professional Group Board. He is also Co-chairman of APREA India Chapter and a member of the Governing Council of Global Real Estate Institute (GRI) – India Chapter. He is a Member of the Executive Committee at the Indian Private Equity & Venture Capital Association (IVCA) and a Member of the Private Credit Council at EMPEA.

Chee Keong leads PwC Singapore's Real Estate and Hospitality practice. During his 29 years with the firm, he has worked in PwC offices in Melbourne, New York and Shanghai on key global audit engagements. Chee Keong and his team provide solutions to real estate businesses including tax structuring, deals, risk and technology consulting, as well as assurance engagements.

Chee Keong has been involved in advisory projects in China, Indonesia and Singapore as a financial services partner, and he was the liquidator for Lehman Minibonds during the financial crisis.

He is a practising member of the Institute of Singapore Chartered Accountants and a member of the Institute of Chartered Accountants in Australia and New Zealand.