Our Governance

PrimeSpace takes a proactive view of corporate governance with a continual commitment to best practices in corporate governance ensures the interests of investors are kept at the forefront of decision making.

Board of Directors

The primary role of the Board is to ensure the long term health and prosperity of PrimeSpace through disciplined corporate governance, investment acumen, property and asset selection, and organisational leadership. The key function and responsibility of the Board is to approve the business strategy and monitor its implementation, along with the approval of all investments or divestment recommendations from the Investment Committee, and the overall corporate governance of PrimeSpace.  The Board of PrimeSpace consists of five (5) members of which four (4) are independent non-executive directors, one of whom serves as the Chairman of the Board. A majority of non-executive directors ensures independence and objectivity at all times.

Investment Committee

The Investment Committee considers and makes investment and divestment recommendations to the Board. The Investment Committee comprises four (4) members, of which three are independent and non-executive.

Audit, Risk & Compliance Committee

The Audit, Risk & Compliance Committee monitor monitor the compliance of PrimeSpace and its registeted schemes with its compliance plan, its AFSL and the financial services laws.  The ARC Committee comprises three (3) members, of which two are independent and non-executive, and one is a representative of PrimeSpace. RSM Bird Cameron is the auditor of the Compliance Plan for the Prime Access Property Fund.

Charters

The Board of Directors, the Investment Committee and the Audit, Risk & Compliance Committee are governed by charters that clearly define the role and resposbility of each.

Copies of these charters are available to investors upon request to PrimeSpace.