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Board of Directors

Board of Directors of the Responsible Entity

Allan McDonald

Allan McDonald, Independent Non-Executive Chairman
(Member of the Audit, Risk & Compliance Committee)

Allan was appointed as a Director on 19 February 2005.
Allan holds a Bachelor of Economics Degree from the University of Sydney and is a Fellow of the Australian Society of Certified Practising Accountants, a Fellow of Chartered Secretaries Australia, a Fellow of the Australian Institue of Management and a Fellow of the Australian Institute of Company Directors. Allan has extensive experience in the investment and commercial banking fields and is presently associated with a number of companies as a consultant and company director.  Allan is Chairman of Ross Human Directions Limited, Multiplex Limited and of the responsible entity of the Multiplex Property Trust and the Multiplex SITES Trust. Allan is also a director of Billabong International Limited.

Eric Lucas

Eric Lucas, Managing Director
Eric was appointed as a Director on 19 November 2004.
Eric joined Babcock & Brown in 1987 and was appointed the Global Head of Real Estate in July 2006. Prior to joining Babcock & Brown, Eric worked in Tokyo at the international law firm of Anderson Mori and Rainbowitz. In 1987, he joined Babcock & Brown at its Japanese joint venture, Nomura Babcock & Brown, where he worked as its representative until 1992. After several years in the San Francisco office of Babcock & Brown, in 1998 Eric returned to Tokyo to establish Babcock & Brown's Japanese office. Eric received his law degree from the University of Melbourne in Australia.

Phil Green

Phil Green, Director
Phil was appointed as a Director on 31 January 2005.
Phil joined Babcock & Brown in 1984 and is Managing Director and Chief Executive Officer of Babcock & Brown Limited. Prior to joining Babcock & Brown, Phil worked as a Senior Manager with Arthur Anderson where he specialised in taxation. Phil is also Chairman of Babcock & Brown Infrastructure and Babcock & Brown Environmental Investments Limited, and is a Director of Babcock & Brown Capital Limited and Everest Babcock & Brown Alternative Investments. Phil is a trustee of the Sydney Cricket Ground. Phil holds Bachelor of Commerce and Bachelor of Law degrees from the University of New South Wales. He qualified as a Chartered Accountant in 1981 and was admitted as a solicitor in NSW in 1978.

Paula Dwyer

Paula Dwyer, Independent Non-Executive Director
(Chairman of the Audit, Risk & Compliance Committee)

Paula was appointed as a Director on 19 February 2005.
Paula has extensive experience in the securities, investment management and investment banking sectors.  In particular, Paula specialised in the provision of corporate financial advice to companies operating in regulated industries, including financial institutions and utilities. Paula is a Non-Executive Director of Suncorp Metway Limited. She is also a Non-Executive Director and Chairman of the Audit Committee of Tabcorp Holdings Limited. She was formerly a Director of David Jones Limited until December 2006. Paula holds a Bachelor of Commerce degree from the University of Melbourne. Paula is on the ASIC Business Consultative Panel (Melbourne Chapter) and is Vice President of the Baker Heart Research Institute. Paula is a Fellow of the Australian Institute of Chartered Accountants, a Fellow of the Australian Institute of Company Directors and an Associate of the Securities Institute of Australia.

John Pettigrew

John Pettigrew, Independent Non-Executive Director
(Member of the Audit, Risk & Compliance Committee)
John was appointed as a Director on 19 February 2005.
John has extensive financial and commercial experience with a number of major corporations and 30 years of involvement in the property industry. John is a Fellow of the Australian Society of Certified Practicing Accountants, a Fellow of Chartered Secretaries Australia, a Fellow of the Australian Institute of Management and a Member of the Australian Institute of Company Directors. John was Chief Financial Officer and Company Secretary of the Stockland Group from 1977 and Finance Director from 1982 until his retirement in March 2004.  He has had a significant role in structuring and managing listed property trusts since 1980.