- Melissa Kingham is the ED and fund manager for Haben
- The new vice president is Greg Preston, AM
- Preston is the MD of Preston Rowe Paterson
Peak body for Australia’s unlisted property funds industry, Property Funds Association of Australia (PFA) has announced the appointment of its new president, Melissa Kingham. Executive director and fund manager at retail property investment house Haben, Kingham has previously held senior property roles with Woolworths, and has over 25 years of experience in the property industry. She will be the first female president of the PFA.
The organisation’s vice president was also appointed, Greg Preston, AM, who is the managing director of property valuers and consultants, Preston Rowe Paterson.
“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,” said CEO of the PFA, Paul Healy.
“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.”
Healy also thanked outgoing president, Andrew Cannane.
“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.”
Kingham said it is an honour to be elected as the PFA 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.”
