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.