Board of Directors

David Hunter, Non-Executive Chairman

David is a UK-based property fund consultant. For twenty years up to 2005 he was a leading property fund manager, ultimately responsible for €10bn of property assets across Europe for Arlington Property Investors. He is a fellow of the Royal Institution of Chartered Surveyors, a former President of the British Property Federation, and a member of the Bank of England Property Forum.
David sits on the audit, remuneration, nomination and management engagement committees.

John Chapman, Executive Director

John is a member of the New York State Bar and the Chartered Financial Analyst Institute. He is currently a director of a number of investment funds, including ACP Capital Limited, the Black Sea Property Fund Limited and the Ottoman Fund Limited.
John’s responsibilities include overseeing the provision of services to the Company, responsibility for administrative matters and shareholder liaison.
John chairs the management engagement committee.

Craig McMurray, Executive Director

Craig McMurray is the managing director of Bridgehead Real Estate Fund (Pty) Limited, a private equity real estate investment company. He is also CEO of Respublica (Pty) Ltd which is a developer, owner and manager of a national student accommodation portfolio in South Africa. Respublica Student Living is a joint venture with Redefine Properties Limited a listed REIT on the Johannesburg Stock Exchange (JSE). Previously he was head of Credit Projects at Standard Bank of South Africa Limited. Craig’s responsibilities include overseeing matters at the South African subsidiary level.

David Saville, Non-Executive Director

David is an Isle of Man based property fund manager currently managing a number of property sector investment vehicles with investments predominantly in the UK and Australia. From 1992 to 2001 he was the Managing Director of Saville Gordon Estates Plc, which he was instrumental in repositioning as a FTSE 250 property company specializing in industrial property. David is a member of the Royal Institution of Chartered Surveyors.
David heads the audit, remuneration and nomination committees.

Stephen Coe, Non-Executive Director

Stephen qualified as a Chartered Accountant with Price Waterhouse in 1990 and remained in audit practice, specialising in financial services, until 1997. From 1997 to 2003 he was a director of the Bachmann Group of fiduciary companies and Managing Director of Bachmann Fund Administration Limited, a specialist third party fund administration company. From 2003 to 2006 Stephen was a director with Investec in Guernsey and Managing Director of Investec Trust (Guernsey) Limited and Investec Administration Services Limited.
He became self employed in August 2006 and is a director of a number of listed and unlisted investment funds and offshore companies including Raven Russia Limited, European Real Estate Investment Trust Limited, Kolar Gold Limited, Trinity Capital PLC and Weiss Korea Opportunity Fund Ltd. He has been involved with offshore investment funds and managers since 1990 with significant exposure to property, debt, emerging markets and private equity investments.
Stephen sits on the audit and remuneration committees.


Millennium House,
46 Athol Street, Douglas,
Isle of Man, IM1 1JB.
Telephone: +44 (0) 1624 692 600
Fax: +44 (0) 692 601