Board of Directors
The Board of Directors of the Manager (the “Board”) has overall responsibility for the management of the Trust.
The Board reviews all aspects of portfolio, asset and financial management strategy, formulates and reviews compliance programmes, and approves transactions and capital expenditures. The Trust’s performance against budget is monitored by the Board, as is the performance of the responsibilities delegated by the Board to various parties.
The Board currently comprises five members, all of whom bring a significant level of expertise to the Trust. Their experience includes property investment, management and development, finance, law and corporate management. Two of these directors are considered by the Board to be independent under the NZSX listing rules and all five members are considered to be non-executive directors.