ISPT has appointed Chris Chapple as its next CEO, following the decision by longstanding CEO Daryl Browning to step down, as announced in February.

Chris Chapple is currently CEO of 151 Property Group, a company that manages Blackstone’s real estate investments in Australia & New Zealand.

With 25 years of property industry experience, Chapple has held roles at Jones Lang LaSalle, Multiplex and Charter Hall across development, asset management (all sectors) and funds management.

Chapple was appointed CEO of 151 Property in 2016 and during the past six years has developed its ANZ business and transformed its real estate platform, while redefining its strategy and purpose, and grown its investment returns.

ISPT Chair Rosemary Hartnett said “Chris is well-qualified to lead ISPT’s next chapter of growth. We conducted an extensive global search process to find the right person to take our organisation forward and Chris has both the industry expertise and the leadership qualities we were seeking.

“As well as his broad experience, the board was especially impressed by how, throughout his career Chris has built, transformed, and grown businesses that have provided excellent returns for investors and shareholders”

“We are confident Chris will bring this energy and drive to ISPT, engage our stakeholders and lead our employees to deliver on our ambitious growth plans and commitment to ESG,” Hartnett said.

CEO Daryl Browning announced his decision to step down in February

A smooth transition between CEOs is now being planned, with an official start date for Chris Chapple to be announced shortly.