The CEO of Centuria Capital Group's listed funds, Nick Collishaw, joined the boards of Centuria Property Funds Ltd. and Centuria Property Funds No. 2, alongside Roger Dobson.

Centuria Property Funds Ltd. and Centuria Property Funds No. 2 are the respective responsible entities of Centuria Metropolitan REIT and Centuria Industrial REIT.

Collishaw's appointment is a step toward his new nonexecutive role, which he will take up in 2018 after stepping down as CEO, according to a release.

Meanwhile, Jason Huljich retired as director from the said boards in order to focus on his additional executive duties as head of the group's listed property funds arm that he will assume from Jan. 1, 2018.