Portfolio manager Nick Anagnostou to leave Charter Hall Social Infrastructure REIT (ASX:CQE)

Company News

by Rachael Jones

The Charter Hall Group (ASX:CHC) is set to see some management changes to its managed listed REIT, the Charter Hall Social Infrastructure REIT (ASX:CQE) with portfolio manager Nick Anagnostou leaving the group to pursue other opportunities.

Travis Butcher, after being deputy to Nick for the past 11 years, will take the lead role as Fund Manager of CQE effective immediately.

Scott Martin as Head of Diversified Finance and former Folkestone CFO, will take responsibility for finance functions for CQE. 

There is no change to the REIT’s recent FY20 forecast earnings guidance of 3-4% growth and distribution guidance of 16.7 cents per unit.

Shares in Charter Hall Group (ASX:CHC) closed 1.12 per cent higher $10.81 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.