Steinberg appointed chair of IFM real estate committee

FORMER Dexus CEO Darren Steinberg has been appointed as the inaugural chair of IFM Investors’ new Real Estate Investment Committee.

Steinberg will bring more than 30 years of experience across property and funds management, including his 12 years as the CEO of Dexus.

“Darren Steinberg’s experience and leadership will be an asset to IFM and ISPT as we bring real estate onto the IFM platform and work to deliver for our clients and the millions of working people they represent,” said David Neal, chief executive at IFM Investors.

This follows appointment of former ISPT CEO Chris Chapple as IFM Investors global head of real estate, who will also sit on the committee.

After Australian real estate funds manager ISPT recently joined IFM Investors, marking a fifth asset class added to IFM’s offering.

“Darren’s appointment is a strong recognition of ISPT’s long-term track record and our ambitions for the future. I look forward to working closely with Darren as we continue to build our portfolio,” said Chapple.

“I look forward to working with Chris and the IFM team to deliver superior investment returns for our investors over the coming years,” concluded Steinberg.