20 December 2024

Resignation of Director

 

The Board of KM Property Funds (‘KMPF’) wishes to advise that Mr Nick Stretch is resigning as Director of KMPF effective 31 December 2024.

Nick served as the Chairman of the Compliance Committee from 2017 to 2022 and then joined the board in 2023. Following a successful 7 years with KMPF, Mr Stretch intends to pursue other personal and business interests.
 
On his time at KMPF, Mr Stretch says “I would like to congratulate the Chairman, other Board Directors, and the team at KMPF on the successful integration of the company founded by Mario Papaleo and David Omond and delivering on the growth strategy which has transformed the business and established it as a core part of KordaMentha’s real estate platform. I wish the team at KMPF every success in the future.”
 
The Board wishes to formally thank Mr Stretch for his contribution and active advancement of KMPF during his tenure.

Other insights
KM Property Funds divests in Adelaide for significant returns KM Property Funds divests in Adelaide for significant returns, delivering investors a 27% premium to the original target returns at the commencement of the investment.
Announcement of new Partner and Senior Development Manager KordaMentha is pleased to introduce the latest members of our real estate team, Ryan Korda and Will Kitchen.