David Matheson succeeds Chew Gek Khim as Suntec Reit manager’s chairman

[SINGAPORE] David Matheson, ESR Group’s current chief investment officer, has been appointed as chairman of the manager of Suntec Real Estate Investment Trust (Reit), effective from Tuesday (Sep 30). 

He replaces Chew Gek Khim, 64, who stepped down from the role following her retirement on Tuesday as non-executive director after 11 years in the position, the manager said.

In a bourse filing, it noted Matheson’s extensive Reit and asset management experience in Asia. 

Prior to taking on the role of ESR Group chief investment officer in August this year, the 45-year-old was at Starwood Capital Europe Advisors for 3.5 years. He was managing director and co-head of Europe at the private investment firm.

From 2013 to 2022, he was with Oxford Properties Management as executive vice-president for Europe and the Asia-Pacific. 

At Suntec Reit, he will also assume the role of non-executive director of the manager. 

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Units of Suntec Reit closed 1.5 per cent or S$0.02 lower at S$1.28 on Tuesday, before the announcement.