Continue reading this on our app for a better experience

Open in App
Floating Button
Home News New appointments

ARA Logos Logistics Trust appoints Karen Lee as new CEO

Felicia Tan
Felicia Tan • 2 min read
ARA Logos Logistics Trust appoints Karen Lee as new CEO
ARA Logos Logistics Trust has appointed Karen Lee as Chief Executive Officer with effect from August 15, 2020.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 7): ARA Logos Logistics Trust has appointed Karen Lee as Chief Executive Officer with effect from August 15, 2020.

She succeeds outgoing CEO Daniel Cerf, who will be retiring after 10 years with the trust.

Lee comes with over 20 years of work experience in the real estate industry.

Prior to the appointment, Lee was the Head of Asset & Investment of LOGOS SE Asia, where she was responsible for overseeing the asset management strategic planning for LOGOS’ South East Asia business and concurrently responsible for growing the Singapore’s portfolio.

Before that, she was the Head of Singapore Portfolio and Asset Management of Ascendas Funds Management, the manager of Ascendas REIT.

“On behalf of the Group and the Manager, I would like to express our sincere appreciation to Daniel Cerf for his invaluable contribution to ALOG over the past 10 years. Under his leadership, Dan helped to significantly grow ALOG’s logistics portfolio since its IPO. I wish him success in his future endeavours,” says John Lim, ARA Group CEO.

“As part of the succession plan, I would like to welcome Karen who will be joining the business on 7 July 2020 as the CEO Designate. I am confident that with her extensive experience in the logistics real estate sector and qualifications, she will lead ALOG into the next phase of growth,” he adds.

Units in ARA Logos Logistics Trust closed 0.5 cent higher, or 0.9% up, at 57.5 cents on Monday.

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.