Dato’George Stewart LaBrooy

Dato’George Stewart LaBrooy, Executive Chairman AREA Management Sdn Bhd

Dato’George Stewart LaBrooy

Dato’George Stewart LaBrooy, Executive Chairman AREA Management Sdn Bhd


Dato’Stewart LaBrooy is the Executive Chairman of AREA Management Sdn Bhd, a subsidiary of AREA Advisors Pte Ltd (AREA) an appointment he has taken since his retirement as CEO and Executive Director of Axis REIT Managers Bhd (ARMB) on 31 December 2015.  With a career spanning over 40 years in the industrial space, he has spent well over a decade since 2005 in heading Axis REIT and establishing REITs as an important component of the capital markets.

Since its inception, AREA was established as a boutique advisory firm providing advice on investing in industrial properties in Malaysia, UK, Australia and Germany.  Our investor base ranged from pension funds and family offices to institutional investors and to date we have provided advice and concluded investments exceeding USD2.5 billion.

AREA has since decided to move from its advisory role to become a fund management company that will undertake the investment management activities with the setting up of the AREA Industrial Development Fund 1 (AIDF-1) and AREA Management Sdn Bhd (AMSB) was set up to undertake the management of the projects of the fund in Malaysia.  AREA Advisory Pte Ltd was re-designated as the Funds management company.

AIDF-1 intends to roll out 2-3 industrial parks of 150-400 acres each.  It intends to co-invest in the development of these parks by working with strategic partners & landowners.  These industrial parks will provide the Malaysian Industrial Real Estate market a paradigm shift in quality and services to its clients.

Dato’LaBrooy has also been writing on a regular basis on Property and REITs for the local mainstream print and online media for the past five years or so, and is known and recognised as the “REIT Guru”” in the country.  He is also a prominent speaker on the subject of Industrial Estate Development and conventional and Islamic REITs in the region, having been invited to deliver papers in Singapore, Hong Kong, Istanbul, New York, London, Saudi Arabia, Philippines and Malaysia.

He is a Board member of the Asia Pacific Real Estate Association (APREA), an organization that represents and promotes the real estate asset class in the Asia Pacific region.  It is the industry body for the suppliers and users of capital in the real estate sector.  He served as the founding Chairman of the Malaysian REIT Managers Association (MRMA), from 2010-2015, an organization he helped set up in 2010 to give Malaysian REIT Managers a single voice for the purpose of engagement with the Regulators and Ministry of Finance.

On 11 December 2012, he was conferred the Darjah Kebesaran Dato’- Sultan Sharufuddin Idris Shah (D.S.I.S.) which carries the title Dato’ by Duli Yang Maha Mulia Sultan Selangor in conjunction with his Royal Highness’s 67th birthday.

Dato’Stewart LaBrooy is also a director of a number of private companies involved in property development and property investment.

He holds a Bachelor of Engineering (Hons) degree and a Post Graduate Diploma in Business Studies from the University of Sheffield and is a member of the Institute of Engineers, Malaysia.

All sessions by Dato’George Stewart LaBrooy