The Industry Superannuation Property Trust (ISPT) has appointed the head of a property and commercial advisory business, James Cain, as its chairman for the next three years.
The board of ISPT, which invests over $7 billion in direct property on behalf of 26 industry superannuation funds, announced Cain’s appointment this week.
According to the announcement released by ISPT, Cain has operated M21 Pty Ltd, a property and commercial advisory business servicing the government, semi-government and corporate sectors since 2006.
It said he had broad property, construction and development experience in senior roles with Lend Lease corporation and the Victorian Government’s major projects unit.
Cain succeeds Carol Schwartz, who resigned her position as chair in late 2008 after four years in the role.
