Haben’s Melissa Kingham appointed President of Property Funds Association of Australia
Melissa Kingham, Executive Director and Fund Manager at specialist retail property investment house, Haben, has been announced as the new President of Property Funds Association of Australia (PFA). Ms Kingham will be the first female president of the PFA.
Greg Preston AM, Managing Director of leading property valuers and consultants, Preston Rowe Paterson, has been appointed Vice President of the PFA.
The PFA is the peak body representing Australia’s unlisted property funds industry, an important and influential asset class for retail, wholesale and institutional investors including the major superannuation funds.
Paul Healy, CEO of the PFA, said Ms Kingham brought outstanding leadership to the association. “Melissa has been an active and valuable contributor to the PFA Executive Committee and the PFA Diversity Committee for several years. Her leadership is outstanding and I welcome Melissa to the role as President of the PFA.
“Both Melissa and Greg have been a driving force helping to broaden PFA’s membership and connection with the unlisted property funds industry. They both bring professionalism and valuable experience to their respective roles.”
He said PFA continued to grow and broaden its scope. “PFA is growing its membership and expanding its engagement with the industry. I thank previous PFA President, Andrew Cannane, for his fine leadership during a busy and successful period for the PFA.”
Ms Kingham, who has over 25 years property industry experience and has previously held senior property roles with Woolworths, said it’s an honour to be elected as PFA President, and its first female President. “I am committed to promoting unlisted property investment, being a strong advocate for our members, and ensuring the association remains current and at the forefront of industry reform and regulations.
“The PFA is confident unlisted property will remain pivotal to investors over the long term, due to its performance and diversification benefits.
“Unlisted property continues to evolve and has a long track record of delivering income returns and capital growth to investors.
“PFA research and the comparison of investment performance across unlisted property, listed property, equities and fixed income, strongly supports unlisted property returns. It’s currently an exciting and dynamic asset class for investment, and we are seeing more niche, alternative, and innovative investment opportunities being created.”