Shelagh Mason has been appointed as The Channel Islands Property Fund (CIPF) new Chairman.
She replaces Peter Tom, who has stepped down to concentrate on his other business commitments, including his recent appointment as chairman of Jacksons Channel Islands.
Shelagh has more than 30 years' experience as a commercial property solicitor and is currently acting as a consultant to Collas Crill. She was already an active member of the board of CIPF prior to this appointment. She is a Non-executive Director of MedicX Fund Limited and of the Renewables Infrastructure Fund, both of which are listed on the London Stock Exchange, , and a director of a number of other property funds including The Leadenhall Property Development Company Limited, which developed the iconic London building known as the Cheesegrater.
'The volatility of the stockmarkets has led to an increase in the number of investors seeking to diversify their investments and choosing what they consider less risky funds. Commercial property, particularly in the Channel Islands, offers the stability they are looking for. I want to use my experience to ensure that the Channel Islands Property Fund continues to deliver the returns that exceed our customers' expectations,' she said.
The Channel Islands Property Fund's portfolio includes Regency Court and Glategny Court in Guernsey and offices in Seaton Place and on the Esplanade in Jersey.