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Investa Property CEO leaves board of IOF manager amid Cromwell takeover push

Jonathan Callaghan, CEO of Investa Property Group, removed himself as executive director of the responsible entity of Investa Office Fund to avoid any appearance of a conflict of interest.

The move comes as Cromwell Property Group continues to make public requests for due diligence access as part of its privatization offer for the fund.

Callaghan's directorship at Investa Listed Funds Management Ltd. will remain on hold until the corporate activity pertaining to IOF reaches a resolution, IOF said in a release.