BHL Appoints General Manager of Seniors Living Division
Property group Boyuan Holdings Limited (ASX: BHL) is pleased to announce the appointment of property expert Michael Rabey as the General Manager (GM) of its Seniors and Lifestyle Living Division effective 2 May 2019.
Mr Rabey has 25 years’ experience in management consulting, business analytics and property development, with a focus on residential and seniors living. He is the Chair of Retirement Living Committee for the Property Council of Australia and a member of the Property Council’s NSW Division Council.
In his new role, Mr Rabey will lead BHL’s Seniors and Lifestyle Living Division which initially includes responsibility for the development and operation of the Broadlands Gardens portfolio located throughout regional New South Wales.
“I am delighted to be joining BHL,” Mr Rabey said.
“BHL is providing high-quality, affordable housing options for a growing number of retirees and I now look forward to driving the Company’s seniors and lifestyle living strategy to meet the needs of our rapidly ageing population.”
Chief Executive Officer, Caden Wan, welcomed Mr Rabey to BHL’s senior leadership team.
“Michael’s in-depth knowledge of the seniors living sector will be a great asset in guiding our Seniors and Lifestyle Living Division into the future,” Mr Wan said.
“His extensive experience in seniors living design, operations and strategy will be crucial in managing our current assets and exploring other opportunities in target areas to expand the business at a time when the demand for seniors and lifestyle living is expected to double over the next 20 years.”
Boyuan Holdings Limited is an ASX-listed property development company (ASX: BHL). In addition to its assets and operations in the lifestyle living sector, BHL is committed to creating communities and is focused on developing residential sites at Pokolbin and Austral and residential/commercial sites at Bringelly and Marsden Park.