QIC Global Real Estate MD to retire

QIC has announced that Steven Leigh, managing director of QIC Global Real Estate (QIC GRE), has commenced a transition to retirement and will be formally stepping down from the role by March 2019.

Commenting on his contribution, chief executive officer, Damien Frawley, said: "Steve was part of the leadership team that established QIC GRE and has been instrumental in the acquisition and development of the current portfolio of properties. He has led QIC GRE since 2012 and we thank him for his exceptional leadership across its Australian and US business."

Leigh, who has 35 years' experience in the wholesale funds management business, first joined QIC in 1991 and served as deputy head of global real estate before departing for Trinity in early 2009. He was appointed managing director of Trinity in September 2009 and, subsequently, chief executive officer of the firm's wholesale unlisted funds management business. Following LaSalle Investment Management's purchase of Trinity in 2011, Leigh served as head of Australia for LaSalle before re-joining QIC as managing director of QIC GRE in August 2012.

Leigh's transition to retirement will be a gradual one, the frim said, and he will hand over more responsibilities to chief operating officer, David Asplin.

The process for appointing a successor has commenced.