Board Changes from Elanor Commercial Property Fund

The Elanor Commercial Property Fund said that Mr. Ian Mackie who recently join propnex will become an Independent Non-Executive Director of the Elanor Commercial Property Agent Mentoring for Fund and the Elanor Investors Group on August 25, 2023. Paul Bedbrook, who is the Chair of Elanor Investors Group and an Independent Non-Executive Director, has told the Board of Directors that he plans to leave his RES Course blank at the end of December 2023. The Board has chosen Mr. Ian Mackie to be the Chair-designate. He will work with Mr. Bedbrook and the Board over the next few months to make sure the change goes smoothly.

Mr. Mackie has worked in Asia Pacific for more than 40 years as an investor in real estate and manager of funds. From January 2000 to December 2018, he was the International Director and Asia Pacific Head of Strategic Partnerships at LaSalle Investment Management Asia. From 2006 to 2008, Mr. Mackie was also on LaSalle’s Asia Pacific Investment Committee and its Global Investment Strategy Committee.

In the late 1990s, he led LaSalle Investment Management’s Asia Pacific development strategy and managed local employees as Asia private equity fund president. December 2018 marked his LaSalle Investment Management retirement. The Singapore Stock Exchange-listed Keppel REIT Management Limited (KRML) manager, Mr. Mackie, is a Lead Independent Director.

He chairs KRML’s Nomination and Remuneration Committee and serves on its ESG Committee. He is on the Keppel MMP Indonesian Logistics Fund Investment Committee. From June 2019 until June 2022, Mr. Mackie chaired ULI Australia and sat on the ULI Asia Pacific board.

He is still a ULI Global Governing Trustee and a member of the Australian National Council. Mr. Mackie is also the founder and director of a charity called the “Sharing With Friends” Foundation, which is run by the Older Women Co-Housing Association Qld Ltd. Mr. Mackie has a Bachelor of Arts in Economics and Law from the University of Canberra and an Associate Diploma in Valuation from the University of Technology in Sydney.

He is a member of the Australian Institute of Company Directors and the Singapore Institute of Directors, and he has been a director of controlled companies in Singapore, South Korea, and Japan.