Charter Hall Group appoints Mr Sean McMahon as Chief Investment Officer

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Charter Hall Group (ASX: CHC) (Charter Hall or the Group) today announced it has appointed Sean McMahon as Chief Investment Officer (CIO); a newly created role identified as part of the Group’s recent organisation restructure announced on 1 February 2016.

Mr McMahon has over 25 years’ property and financial experience having held senior positions in major listed and private operations, most recently as CIO of Frasers Property Australia (formerly Australand), where he was also previously the Executive General Manager/Head of Commercial & Industrial. He brings great cross sector property experience having been responsible for office, industrial and neighbourhood centre investment and has driven the development of corporate strategies, capital allocation and reinvestment programs, M&A and the management of key investor customer relationships.

Mr McMahon will be responsible for the Group’s strategy, mergers and acquisitions, corporate development and transactions and will join Charter Hall’s Executive Leadership Group.

David Harrison said:

“I’m very pleased to have Sean join Charter Hall and the executive leadership group in this critical role, as he brings a wealth of experience across investment markets, diversified across the office, industrial and retail sectors. His significant experience and focus will be critical in assisting the Group in the ongoing delivery of our strategy of accessing, deploying and managing equity in high quality, long leased properties”.

Mr McMahon will commence with the Group in August 2016.