REAL estate fund manager, EG, has appointed Linh Pham to lead its High Income Sustainable Office Trust (HISOT).
The promotion was made from within the company, with Pham spending five years at EG within its business development team.
Pham, who is a qualified chartered accountant established new funds in this time and contributed to EG’s propriety risk management system, PRISMS.
“Linh’s perspective and experience means she is uniquely positioned to champion HISOT’s impact investment strategy,” said Adam Geha, CEO of EG.
Prior to working at EG, Pham garnered six year of experience in the property industry, including at roles at KPMG and EY in the UK, while also advising a range of ASX and FTSE listed clients.
“It’s exciting to see the advancements of the property industry in advocating for the built environment but there’s so much more to be done and we’re hoping to grow the impact of HISOT,” said Pham.
EG’s HISOT was launched in 2016 and has a strategy of ethical investment philosophy, focusing on commercial returns and improving energy efficiency and currently operates around $135 million in assets.
“HISOT focuses on optimising what’s already there. Yes, everyone needs to invest in new sustainable buildings but at the same time, it’s been estimated that 80% of buildings that will be in use in 2050 have already been built, and in light of the IPCC sixth assessment report, it is the existing assets that we need to address,” she added.
While also adding to the same fund, an industrial site in Richlands in Brisbane’s outer south-west for $21.5 million and a trio of Sydney and North Sydney office assets for $450 million.
