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Chairman of E-LOG REIT’s sponsor steps down as non-executive director of the REIT’s manager

Felicia Tan
·1-min read

In an SGX filing, Perlman cited his promotion to global president of Warburg Pincus as his reason for his cessation.

Jeffrey Perlman, the chairman of ESR Group Limited, the sponsor of Singapore Exchange (SGX)-listed ESR-LOGOS (E-LOG) REIT J91U, has stepped down as non-executive director of the REIT’s manager, ESR-LOGOS Funds Management (S) Limited.

In an SGX filing, Perlman cited his promotion to global president of Warburg Pincus as his reason for his cessation.

“With his new appointment and the increase in responsibilities and appointments at Warburg Pincus, [Perlman] will be stepping down from the board and the corresponding sub-committees of the board,” adds the filing.

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Following Perlman’s resignation, Philip John Pearce, who is the alternate director, has also stepped down from his role. Pearce is the CEO of ESR Australia, an indirect subsidiary of ESR Group.

Units in E-LOG REIT closed flat at 31.5 cents on Aug 30.

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