ISPT names new chief executive

Industry Super Property Trust has named Chris Chapple as its new chief executive following the retirement of Daryl Browning, announced in February.

Chapple currently heads up 151 Property Group, a company that manages Blackstone's real

estate investments in Australia and New Zealand.

In the past, he has worked at Jones Lang LaSalle, Multiplex, and Charter Hall across development, asset management, and funds management.

ISPT chair Rosemary Hartnett said Chapple was the right person to lead the ISPT's next chapter of growth.

"We conducted an extensive global search process to find the right person to take our organisation forward and Chris has both the industry expertise and the leadership qualities we were seeking," she said.

"As well as his broad experience, the board was especially impressed by how, throughout his career, Chris has built, transformed, and grown businesses that have provided excellent returns for investors and shareholders."