Prime Retirement & Aged Care Property TrustPrime Retirement & Aged Care Property Trust

Board of Directors

Responsible Entity
Australian Property Custodian Holdings Ltd

The Responsible Entity, Australian Property Custodian Holdings Limited (“APCHL”), is the Trustee of the Trust and has been licensed by ASIC to be the Responsible Entity for the Trust.

The Responsible Entity is appointed under the Trust’s Constitution to manage the Trust on behalf of all of the Unit Holders.

Under the Corporations Act, the Responsible entity is responsible for the proper promotion, management and compliance of the Trust as a registered Managed Investment Scheme.

APCHL holds an Australian Financial Services Licence (Number 226692).

The Directors of the Responsible Entity

Michael Wooldridge
Chairman

The Honourable Dr Michael Wooldridge was appointed Chairman effective from 1 July 2006.

Michael is currently also a Director of Australian Pharmaceutical Industries Ltd (ASX Code: API) but is perhaps best known as the former Minister for Health and Family Services (1996 - 1998) and Minister for Health and Aged Care (1998 - 2001).

He is a qualified Medical Practitioner and more particularly has professorial positions with both Monash University and University of Melbourne and a number of government appointed positions, including Chairman of the Health Services Advisory Committee. Michael also holds a post-graduate MBA from Monash University.

Philip Powell
Managing Director

Philip Powell has worked in financial consulting with Arthur Anderson & Co in Sydney, Melbourne and Los Angeles and in senior finance and administration roles with listed companies. As a corporate advisor, Philip has worked across a diverse range of sectors including properties, utilities, IT, financial services, food and agriculture.

Philip resides in Melbourne and is married with two daughters.

Kim Samuel Jaques
Director

Kim has had extensive experience in property management in the commercial and retail areas.

Kim's experience in property began in 1970 when he was the manager of a suburban real estate office.  Shortly after, Kim moved into commercial and industrial property sales and leasing and in 1983 he began specialising in commercial property investment.

In the 1990’s Kim held the position of Victorian Development Manager for 7 Eleven stores for 10 years, with responsibility for the identification, purchase and leasing of the 7 Eleven convenience stores, and for a period of over 2 years was also the Franchising Manager, increasing that area fourfold during his tenure.  Subsequently he was National Manager of Urbis T-Property (Urbis was formerly AT Cocks Consulting).

He is the General Manager of the APC Property Group which is associated with William Lewski in which his position involves the identification and acquisition of existing Retirement Villages and aged care facilities for the Prime Retirement & Aged Care Property Trust

Kim also manages the distribution process for the wholesale dealers and their activities.

He is responsible for the management of the villages managed for the Trust  by an affiliate of APC Property Group ensuring that the village staff are properly trained and able to look after the best interest of both the residents and the Trust.  He has overall responsibility for the marketing and renovation of the units as they become available to ensure that they meet the exacting standards of our potential residents.

Kim has held a Victorian Real Estate Agent's licence since 1974.

Mark Frederick Butler
Director

Mark has been involved in planning and implementing many commercial and residential property acquisitions and has extensive experience in management of commercial and residential properties. 

Mark is a joint founder of Butler & Company undertaking commercial, residential and rural sales, acquisition and management.  Mark has previously been registered with ASIC as a proper authority holder and has held a Victorian Estate Agent's licence since 1991.

Mark has extensive project marketing experience which has seen sales teams under his leadership achieve sales over three days in excess of $63 million.  Examples of some of the projects are “Royal Domain Tower” in St Kilda Road Melbourne, “Flinders Wharf” in Docklands Victoria and “Hidden Valley” situated near Wallan in Victoria which is a 950 lot residential golf community.

He has undertaken project marketing overseas in Singapore, Malaysia and China with great success and has worked on project teams to assess major projects such as “Eynesbury Station” at Werribee Victoria.  His teams have received marketing awards from the Real Estate Institute of Victoria.

Mark now contracts exclusively to APC Property Group and is responsible for the marketing and sales management of all the retirement villages that are managed by the group.  This task includes the establishment, training and ongoing development and management of the Village sales personnel and the development and implementation of the marketing strategy for individual Villages which co-ordinates within the national agenda of the Trust.

Peter Clarke
Director

Peter was appointed Director effective from 8 August 2006.

Peter is a qualified architect graduating from Royal Melbourne Institute of Technology where he completed his thesis on conversion of “not for profit” buildings, often church owned buildings and their sites, into aged care accommodation.

Peter has practised for many years as an architect creating the medium size company of Peter Clarke and Associates Architects. He was an Executive Director of the Royal Australian Institute of Architects (Victoria), Executive Director of the Property Council of Australia (Victoria), a Senior Executive of Lend Lease in Victoria and most recently Managing Director of Urban Alliance Corporation, a consultancy specialising in Aged Care and Senior Living Projects.

Peter has held many government and community positions and is currently a Councillor of the City of Melbourne. He has advised Federal, State and Local Government on a range of property, construction, planning and other policy issues and has also consulted to public companies on a broad range of size, types and locations of Aged Care and Senior Living Projects in most states of Australia.

Anthony Charles Hancy
Non-executive Director

Tony Hancy gained extensive experience in healthcare and technology at Accenture (previously Andersen Consulting) as the Managing Partner for the healthcare practice in the Asia Pacific Region for 12 years, followed by 2 years overseeing Accenture Technology Ventures’ operations in Australia and Accenture’s Corporate Development in Australia and New Zealand.

Tony is a member of the Australian Institute of Company Directors, the CPA and the Australian Institute of Management.  He has been actively involved in serving on the board of a number of not for profit organisations in Australia.  He is currently a member of the Strategy Committee of Sinclair Knight Merz, the largest private engineering consulting firm in Asia Pacific.

Tony was appointed a non-executive director effective 1 July 2007.

Neil Rodaway
Non-executive Director  

Neil Rodaway is Chief Operating Officer of Vision Group Holdings Ltd.

Neil has extensive experience in health care, logistics and finance having worked at Symbion Health/Mayne for over 13 years, in the finance, logistics and diagnostics divisions. The majority of Neil’s time at Mayne was in senior management roles ranging from divisional CFO to Group General Manager. Prior to his employment at Mayne, Neil was an auditor at KPMG, based in the UK and Australia.

Neil is a Chartered Accountant (UK qualified), a fellow of The Institute of Chartered Secretaries and has an Honours degree in Business Studies.

Neil was appointed a non-executive director effective 1 July 2007.


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