RAM Property Funds Management Limited (RAM), as responsible entity of the RAM Essential Services Property Fund (REP) announced the appointment of Matthew Strotton as lead portfolio manager for the fund. Strotton joined the group earlier this year and will be working alongside Will Gray and portfolio managers Doug Rapson and Sam Wood. Gray will transition from day-to-day management and will continue to work closely with Strotton and the REP team on acquisitions, capital management and project delivery.

In the second half of 2022 it is planned that Gray leaves RAM to focus on private investments. Doug Rapson continues to lead the essential retail component, as does Sam Wood for the medical portfolio. Rapson and Wood have been vital to REP's successes, being responsible for acquisitions, asset management and the important value-add projects since the inception of the strategy.

Additionally, RAM's capabilities have been further bolstered with the addition of Adam Thompson, a former senior development executive with HealtheCare Australia. Thompson brings a wealth of development expertise to the group, further enhancing RAM's proposition as management and development partner of choice in the healthcare sector. The Real Estate team is now 24 strong, having grown from 15 at the time of listing in October 2021.