Investa Office Fund is looking for a new fund manager after the company announced current fund manager Toby Phelps will be relocating back to the United Kingdom.
Investa, an Australian-based real estate investment trust, has total assets under management of $3.1 billion.
Chairman of Investa, Deborah Page, said Mr Phelps had overseen the disposal of $400 million of offshore assets and the acquisition of over $1.1 billion of high-quality Australian assets.
Mr Phelps will remain in the position until Investa and the board have found a suitable replacement to ensure a smooth transition.
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Real estate trust Investa looking for new fund manager, after Toby Phelps resigns.
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