OUE Commercial REIT‘s manager has tapped Han Khim Siew, age 47, as its CEO and executive director, effective 7 February 2022, the REIT said in a filing to SGX Monday.
The current CEO, Tan Shu Lin, will step down on 30 November to pursue other opportunities, the filing said.
Han is currently the co-head for Asia Pacific at BNP Paribas Real Estate, and from April 2019 to March 2021, he was the managing director at BNP Paribas Real Estate, the filing said.
Lionel Chua, the chief financial officer of the REIT’s manager will work with the board on strategic and operational matters to ensure a smooth transition until Han takes up his role, the filing said.
OUE Commercial REIT has total assets of S$5.8 billion as of end-June. The REIT’s portfolio holds seven properties in the commercial and hospitality segments in Singapore and Shanghai.