Chief Executive Officer & Executive Director CEREIT

Skills and Experience

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.

Chief Operating Officer and Head of Investor Relations

Skills and Experience

Ms Arabadjieva joined the Manager in September 2017 and is the Manager’s COO and Head of Investor Relations in September 2018.

As COO, Ms Arabadjieva is responsible for ESG and sustainability, business continuity and general business operations. As Head of Investor Relations, Ms Arabadjieva is responsible for investor and stakeholder engagement, marketing and communications as well as continuous disclosure and transparent market communications.

Ms Arabadjieva has over 20 years of experience in Asia and has held a number of senior marketing, sales and communications positions in Singapore. Prior to joining the Manager, Ms Arabadjieva was the Head of Investor Relations and Corporate Communications of Cambridge Industrial Trust (now known as ESRREIT). Prior to ESR-REIT, Ms Arabadjieva was the Director of Investor Relations of Genting Singapore PLC (listed on the SGX-ST).

Ms Arabadjieva holds a Master’s degree in Architecture from the University of Architecture, Civil Engineering and Geodesy (Bulgaria) and a Masters of Business Administration from INSEAD (France and Singapore). Ms Arabadjieva is member of the alumni association of INSEAD (Singapore Chapter).

Chief Financial Officer

Skills and Experience

Mr Hagan was appointed as the Manager’s Head of Finance in November 2018 and was  subsequently appointed as the Manager’s CFO on 1 May 2019.

As CFO, Mr Hagan works with the CEO and other members of the management team to formulate strategic plans in accordance with CEREIT’s stated investment objectives, as well as for applying the appropriate capital management strategy for finance, tax, treasury and accounting matters to support the Manager’s plans and maintain CEREIT’s financial health. Mr Hagan has over 25 years of experience in the real estate industry across Singapore, Australia and New Zealand. Prior to joining the Manager, Mr Hagan held executive positions in several Singapore-listed real estate investment trusts, including Mapletree Commercial Trust and Ascendas Real Estate Investment Trust.

Mr Hagan holds a bachelor’s degree in Commerce and Administration from Victoria  University and is a Chartered Accountant of the Chartered Accountants Australia and
New Zealand. Mr Hagan is a member of the regulatory sub-committee of REITAS.