Property has long been seen as an asset-driven industry. However, it is people who drive the assets, not the properties, and management can make a significant difference to performance.
APGF is run by a team of highly-experienced property industry professionals. With decades of experience in the industry, they have been through numerous property cycles and know when and how to secure the best transactions.
Board of Directors
- Neil Summerson - Chairman
- Geoff McMahon - Managing Director
- Robert "Bob" Bryan - Non-Executive Director
- Scott Bryan - Non-Executive Director
- Ken Pickard - Non-Executive Director
Management Team
- Michael O'Reilly - Director of Property
- Adriano Cragnolini - Chief Financial Officer
- Mark Rundle - General Manager, Property Development
- Luis Garcia - Senior Funds Manager
- Bridget Woods - Investor Relations Manager
- Robert Caruana - Senior Retail Asset Manager
- Andrew Page - Senior Asset Manager
- Ian Fortescue - Senior Asset Manager
Neil Edwin Summerson
BCom, FCA, FAICD, FAIM
Chairman
Neil Summerson is non-executive Chairman of APGF. He is currently and has been a director of several public, private and government corporations. He is Chairman of Bank of Queensland, and has over 35 years experience practising as a chartered accountant. He was a partner and managing partner of Ernst & Young (Queensland) and a past State Chairman of the Institute of Chartered Accountants.
As a practising chartered accountant, Neil’s field of expertise was in corporate reconstruction, mostly in the building and property sectors and consequently he has broad experience in property development and construction. His core strengths include strategic planning, risk management, corporate governance, regulatory compliance and financial analysis.
Geoffrey Michael McMahon
BEcon, BCom, FCPA, FAICD, FCIM, F FIN
Managing Director
Geoffrey ('Geoff') McMahon is Managing Director of APGF. He has worked in the property sector for more than 22 years, and is responsible for APGF’s corporate strategy, property funds management, investments and developments.
Geoff has been involved in over $1 billion of property investments and developments, and has been a driving force within APGF since its inception. Geoff has significant experience in corporate finance and strategy, property funds management, property investment, property development, capital raising and management, risk management, corporate governance and financial management.
Robert "Bob" Bryan
BSc (Hons, Geology), FAusIMM
Non-Executive Director
Robert ('Bob') Bryan has had a long-term involvement in the property and mining industries in Australia and South East Asia. In 1983, Bob founded Pan Australian Mining Ltd and in the capacity as Managing Director oversaw the development of a major gold mine at Mt Leyshon.
Bob is an Honorary Life Member of the Queensland Resources Council and a Director of the Sustainable Minerals Institute within the University of Queensland.
Until late 2008 he was Chairman of Queensland Gas Company Limited and until mid-2008 served as Chairman of PanAust Limited and Highlands Pacific Ltd.
Since selling his controlling interest in the original Pan Australian Mining in 1989, Bob's private company, Leyshon Pty Ltd, has focussed on property funds management, investment and development. Leyshon is APGF's major shareholder.
Scott Edward Bryan
BSc (Hons, Geology), PhD
Non-Executive Director
Scott Bryan is a geologist, graduating from the University of Queensland with First Class Honours in Geology and having obtained a PhD from Monash University. Scott was a Research Fellow at Yale University, Senior Lecturer at Kingston University in the United Kingdom and a Principal Research Fellow with the Sustainable Minerals Institute at The University of Queensland. Since April 2010, Scott has been a Vice Chancellor's Research Fellow at The Queensland University of Technology.
Scott has been on the board of APGF since 2004 and has been involved in property funds management, development and investments through his directorship of Leyshon Pty Ltd since 2001.
Kenneth Ross Pickard
BCom, FCA, MAICD
Non-Executive Director
Kenneth ("Ken") Pickard is the Managing Director of Moore Stephens Queensland, an accounting and business advisory company with seven offices throughout Queensland.
Ken was a partner of Ernst & Young from 1982, a position he held until the formation of Pickards BDS in 1996. In July 2007, Pickards BDS merged with Moore Stephens Queensland.
He has over 30 years experience in property, business services, consulting and audit. Ken has developed a wide range of skills for the provision of accounting services and financial management advice to all business sectors including manufacturing, marine and property.
Management Team
Michael O'Reilly
Juris Doctor, MIEF, MA (IRAP), FAPI, MRICS
Director of Property
Michael O’Reilly is Director of Property and is responsible for all of the Fund’s asset management.
Michael is a Fellow of the Australian Property Institute with over 35 years experience in the property industry, during which he has held a number of senior management positions in Australia and South-East Asia.
Michael has a broad range of expertise centred on investment property including asset management, portfolio analysis, performance strategies, risk management and tenant advocacy.
Adriano Cragnolini
B.Bus (Acc), CA, F FIN
Chief Financial Officer
Adriano Cragnolini is APGF's Chief Financial Officer and is a Director of APGF Management Limited.
He has more than 15 years experience in senior management positions spread between public practice experience at Ernst & Young Australia, and in commerce working for a diversified property/hospitality group based in Papua New Guinea as well as a venture capital backed IT start-up company based in London.
Adriano is a Chartered Accountant and a member of the Australasian Compliance Institute, in addition to being a Fellow of the Financial Services Institute of Australasia.
Mark Rundle
B.App.Sc (PRM), AAPI
General Manager, Property Development
Mark Rundle has a degree in land economics and is a qualified property valuer with 25 years experience in property valuation, feasibility analysis, finance and development.
He has successfully managed the development of numerous multi-million dollar commercial, retail and residential projects in several Australian cities.
Luis Garcia
MBA, Dip Fin Ad, CPA
Senior Funds Manager
Luis Garcia was a founding director of a property funds management business which was acquired by APGF in June 2007.
He has over 35 years experience in property funds management, banking, investment, finance and general management and has held senior executive positions with various major Australian banks, international companies and government.
He is a Certified Practising Accountant and holds a Masters of Business Administration from Macquarie University, as well as a Diploma of Financial Advising from the Financial Services Institute of Australasia.
Bridget Woods
Dip Inv Rel, Dip FS (FP)
Investor Relations Manager
Bridget Woods is Investor Relations Manager and is responsible for communications with investors in APGF’s managed property funds.
Having held a senior management role in an ASX 300 listed property trust, Bridget has transferred her experience and knowledge to APGF and since her appointment in April 2008 has introduced significant innovations to investor communications.
Robert Caruana
B.Com (Economics and Industrial Relations)
Senior Retail Asset Manager
Robert Caruana is APGF's Senior Retail Asset Manager and is responsible for the Fund’s retail assets.
He has over 20 years experience in retail having spent the last 10 years with GPT/Lend Lease and Mirvac in senior portfolio roles responsible for the management and leasing of many leading Australian shopping centres.
Robert holds real estate licenses in NSW, Queensland and Victoria.
Andrew Page
B.Econ, Grad Cert Prop Ec
Senior Asset Manager
Andrew Page is a Senior Asset Manager responsible for all of APGF’s Queensland commercial property assets.
Andrew has 20 years experience in property asset management having managed commercial, industrial and retail assets for major organisations during his career.
He holds a Bachelor of Economics from University of Queensland and postgraduate qualifications in Property Economics from Queensland University of Technology.
Ian Fortescue
Senior Asset Manager
Ian Fortescue is Senior Asset Manager and is responsible for APGF’s NSW, Canberra, Victorian and Western Australian assets.
He has 17 years experience in commercial and industrial property leasing with the past eight years as a manager of APGF and its predecessor companies’ assets.




