As CEO and Executive Director of Cromwell EREIT Management Pte Ltd, Simon is responsible for the strategic direction of CEREIT and provides recommendations to CEREIT’s Trustee on the acquisition, divestment, development and/or enhancement of CEREIT’s assets in accordance with its investment strategy.
Mr. Garing has over 25 years of investment management, financial markets, and accounting experience in the global real estate industry. He was appointed CEO and Executive Director of Cromwell EREIT Management Pte Ltd, the manager of the eponymous S-REIT, in September 2018, after a period as acting CEO. The SGX listed REIT had gross asset of €2.4 billion or SGD3.5 billion as at 30 June 2021, invested in 108 logistics/light industrial and office assets in 10 European countries. Simon joined Cromwell Property Group Australia as its Chief Capital Officer in December 2017, where he was responsible for capital management and fund raising for capital markets, as well as public and private fund initiatives.
A proven capital markets manager, investor, and analyst, Mr. Garing was previously the Managing Director of Bank of America Merrill Lynch Asia Pacific (“APAC”) and Bank of America Merrill Lynch Australia. He was also the Chair of the bank’s APAC Recommendation Review Committee, managing around 130 equity analysts who evaluated and analysed approximately 1,200 companies spanning several asset classes and industry sectors across 12 APAC countries.
Prior to that, he held several senior roles at leading financial advisory firms and investment banks. These include appointments as Managing Director of Bell Potter, where he founded its Institutional Real Estate Investment Advisory, Research, Sales and Trading team; Executive Director at Babcock & Brown, where he was also Global Co-Head of Real Estate; as well as Managing Director of UBS Australia, where he was also Co-Head of Global Real Estate Research.
Mr. Garing holds a Bachelor of Commerce (Accounting and Finance) degree from the University of New South Wales, and is a Fellow of CPA Australia as well as a member of The Hong Kong Institute of Directors. Simon is based in Singapore.