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New GM for AMP Property Portfolio

Thursday, September 23rd 2004, 1:23PM
AMP Capital Investors has appointed Stephen Costley as general manager of the AMP Property Portfolio (APP), New Zealand’s largest direct diversified property fund.

Costley has over 18 years of experience in the management of investment property in Australia and New Zealand. He was most recently head of listed property for AMP Capital Investors in Australia and the trust manager of the AMP Shopping Centre Trust, a retail sector specific investment trust based in Sydney.

APP features a nationwide portfolio of 26 commercial, office, industrial, retail, hotel and development properties valued at more than $530 million.

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