The board of directors of SB REIT Management Pte. Ltd. as manager of Soilbuild Business Space REIT announced appointment of Mr. Roy Teo Seng Wah as chief executive officer of Soilbuild REIT, effective January 21, 2016. Mr. Roy Teo replaces Mr. Shane Hagan who stepped down from the position to pursue other interests in October 2015.

Prior to joining the Manager, Mr. Teo was the Co-head of Business Development and Investment and Head of Logistics Portfolio for the manager of Ascendas REIT.