Grollo takes over from Victor Hoog Antink, CEO of DEXUS Property Group, who had previously served a two-year term and stepped back into the chair following the departure of GPT boss, Nic Lyons.
"Victor very kindly took on the Presidency in October 2008 to ensure the Property Council styed totally focused on advocating the property sector's interests as the economic downturn took hold," Grollo said.
He said the Property Council has a very clear agenda for speeding up the recovery of the property sector, with government engagement a high priority.
"The global financial crisis has awakened politicians to the needs of the investors who create jobs and retirement security for Australians. The key issues for the new Property Council board are restoring liquidity, reducing taxes, cutting red tape, nation-building investment and moderning property investment vehicles," Grollo said.
A new Property Council national board was elected last week, comprising:
- Victor Hoog Antink, CEO, DEXUS Property Group
- Ian Armstrong, Chief Executive Officer, Perron Group
- Andrew Bird, Director and Chief Investment Officer Property, AMP Capital Investors
- Daryl Browning, Chief Executive Officer, ISPT Pty Ltd
- Carolyn Chudleigh, Partner, Holding Redlich
- Rod Fehring, CEO, Lend Lease Prime Life
- Mark Ford, Chairman, Cbus Property
- Justin Hazell, Principal, Holcon
- Denis Hickey, CEO Residential, Stockland
- David Hutton, CEO Lend Lease Retail and Communities – Asia Pacific, Lend Lease
- Bob Jordan, Managing Director Australia and New Zealand, Westfield Group
- Mitchell Nielsen, Managing Director, Indigo
- Michael O'Brien, Acting CEO and COO, The GPT Group
- Darren Steinberg, Head of Property, Colonial First State Global Asset Management
- David Wooldford, Chief Executive/MD Austrlaia, Knight Frank (Australia) Pty Ltd.
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