Ms Penelope Jane Ransom is a Non-Independent Non-Executive Director of the Manager and a member of the Nomination and Remuneration Committee. She is also the Group Head of Investments at Lendlease. Lendlease is a globally integrated real estate and investment group with core expertise in shaping cities and creating strong connected communities. Ms Ransom was previously Chief Investment Officer and a Group Executive at Investa. 

Ms Ransom has 29 years of institutional real estate, transactional and investment management experience, and was previously at Lendlease for over 13 years. She is the Chair of the Property Industry Foundation (PIF), a member of the Royal Institution of Chartered Surveyors (RICS), a member of Chief Executive Women (CEW) in Australia and is on the Board of the Rugby Union Players Association (RUPA) in Australia.

Ms Ransom has a Bachelor of Business (Land Economics), a Graduate Diploma in Applied Finance and Investment and undertook the Saïd Business School, University of Oxford Advanced Management and Leadership Programme in 2019.