IREIT Global
annual report 2014
Board of
Directors
Mr Ho Toon Bah
Non-Executive Director
Mr Ho has more than 20 years of experience in the
banking and real estate industry. He is currently an
Executive Director of Soilbuild Construction Group Ltd,
a general construction group with three decades of
operating history. He supports the strategic growth of the
company’s operations, and drives the development and
execution of its business strategies. His responsibilities
also include capital management, human resources and
investor relations. From 2009 to 2013, he served as an
Executive Director of Soilbuild Group Holdings Ltd. He
is also currently a Non-Executive Director of Soilbuild
Business Space REIT.
Prior to joining Soilbuild Group, he held different senior
management roles in Standard Chartered Bank and
United Overseas Bank. His latest appointment was Head
of Consumer Banking of Standard Chartered Bank,
Malaysia.
Current Directorships
SB REIT Management Pte. Ltd.
Solstice Development Pte. Ltd.
Forte Builder Pte. Ltd.
Europtronic Group Ltd
Soil-Build (Pte.) Ltd.
SB Procurement Pte. Ltd.
SB Project Services Pte. Ltd.
Soilbuild Construction Group Ltd.
Soilbuild (Myanmar) Co. Ltd.
Soilbuild Construction International Pte. Ltd.
Soilbuild Construction Engineering Pte. Ltd.
Soilbuild E&C Pte. Ltd.
IREIT Global Group Pte. Ltd.
Past Directorships (over the last five years)
Soilbuild Group Holdings Ltd
Academic & Professional Qualifications
Chartered Financial Analyst (CFA)
Bachelor of Business Administration Degree,
National University of Singapore.
Mr Itzhak Sella
Executive Director and
Chief Executive Officer
Mr Sella has more than 25 years of international real
estate experience, including establishing a REIT in Israel.
He has been involved in over US$2 billion worth of
real estate acquisitions. He was instrumental in the
development of the REIT market and framework in
Israel, while serving as Managing Director of Steer
Up Investments Ltd. This included supporting the
introduction of the REIT legislation in Israel in 2006
and creating the relevant financial models and advising
the Israeli government officials on the legal and tax
implications of the REIT structure.
From 2004 to 2006, as Managing Director of Steer Up
Investments Ltd, he oversaw the acquisition of Aspen
Building Ltd., Aspen Properties (1990) Ltd. and Aspen
Real Estate Ltd. (the “Aspen Group”), a public real estate
group with properties in Israel and Europe, including
logistics, retail and office properties in Germany,
Switzerland and the Netherlands.
InNovember 2006, he founded Sella Capital Investments
Ltd as the REITmanager for Sella Capital Real Estate Ltd,
an Israel-based REIT. He was responsible for bringing in
partners and investors from the Israel capital markets
to purchase the initial real estate portfolio in Israel,
comprising office and logistics properties. In 2008,
despite the global financial crisis, he led Sella Capital
Real Estate Ltd through a successful initial public offering
on the Tel Aviv Stock Exchange. Under his management,
Sella Capital Real Estate Ltd tripled its growth in real
estate acquisitions within three years.
Mr Sella left the direct management of Sella Capital
Investments Ltd in 2011 and continues to be a non-
executive director.
Mr Sella has been involved in the Israeli and European
real estate market since 1994. From 1996 to 2004, he
was Executive Vice-President of Sales and Marketing
of Amot Investments Ltd, one of the largest real estate
holding companies in Israel and which is listed on the
Tel Aviv Stock Exchange.
