Arena REIT names Adam Tindall as Chair Elect ahead of David Ross retirement
Arena REIT (ASX: ARF) has announced that independent non-executive director and Chair, David Ross, will retire from the board following the completion of the company’s Annual General Meeting (AGM) on 20 November 2026. As part of a planned board succession, current independent non-executive director Adam Tindall has been appointed Chair Elect.
Ross has served as Arena’s Chair since the company’s ASX listing in June 2013. As part of the board’s succession plan, Tindall’s appointment ensures continuity of governance ahead of the formal handover.
Arena REIT is an ASX200 listed social infrastructure real estate investment trust (REIT), with a portfolio of approximately $2 billion focused on early learning and healthcare properties across Australia.
When big ASX news breaks, our subscribers know first
David Ross’s legacy at Arena REIT
Over his tenure, Ross oversaw the growth of Arena’s portfolio into a $2 billion collection of high-quality social infrastructure properties, while delivering investors compound annual distribution growth of 7% per annum.
David Ross, outgoing Chair
“It has been a privilege to be a part of Arena’s journey… I am confident that Adam’s skills, experience and leadership will position the Board well to provide the stewardship and oversight required to support Arena through its next phase.”
Who is Adam Tindall?
Tindall brings a depth of investment management and real estate experience that aligns closely with Arena’s asset class and long-term strategy. Key credentials include:
- Independent non-executive director of Arena since November 2024
- More than 35 years of experience across investment management and real estate
- Former Chief Executive Officer of AMP Capital
- Senior executive roles at Macquarie Capital and Lend Lease
- Current independent non-executive director of Stockland Group
- Member of the Future Fund Board of Guardians
Adam Tindall, incoming Chair Elect
“David’s enduring focus on investment discipline and prudent capital management have provided a strong foundation for Arena’s future…”
What this means for Arena REIT investors
The succession represents a planned and measured transition, with Tindall’s appointment as Chair Elect designed to ensure no disruption to board oversight or strategic direction. His background spanning investment management, listed real estate, and institutional governance aligns with Arena’s focus on developing and managing long-lease social infrastructure assets in defensive, government-supported sectors.
Arena’s core investment proposition centres on early learning and healthcare properties, sectors characterised by stable, long-term leasing arrangements and essential community services demand. The formal transition of the Chair role is expected to occur upon Ross’s retirement at the conclusion of the AGM on 20 November 2026.
Arena REIT FY2026 results delivered operating EPS of 19.60 cents and distributions of 19.25 cents across a fully occupied 307-asset portfolio, providing the financial backdrop against which this governance transition is taking place.
Don’t Miss the Next ASX Real Estate Move
Big News Blast delivers FREE breaking ASX news straight to your inbox within minutes of release, complete with in-depth analysis already done for you. Join 20,000+ investors who stay ahead of the market the moment announcements drop. Click the “Free Alerts” button at StockWire X to get started today.