Penny is Senior Adviser of Allen & Gledhill. She was formerly the Co-Chairman and Senior Partner of our Firm as well as the Head of our Corporate Real Estate Practice.
She is a pioneer in Singapore’s real estate investment trusts (REITs) market and recognised as an outstanding name in the real estate industry with extensive experience advising on acquisitions, divestments, joint developments and complex real estate structures, having led on many of the markets’ most significant transactions.
She had originated and advised on the first Singapore REIT listed on the Singapore Exchange and played a key role in developing the Singapore REITs market. She had advised on almost all of the landmark commercial buildings that frame the Marina Bay skyline.
Her Asia Pacific experience includes regional investments and joint ventures in Japan, Indonesia and China.
Penny is recognised for her “extensive experience in corporate real estate including a focus on REITs work” by The Legal 500 Asia Pacific. Chambers Asia-Pacific describes her as a market leader, “innovative, creative and able to meet her clients’ needs” with “an impressive clientele of corporations, investors and private equity property funds on a full range of real estate mandates”.
She is an Honorary Legal Advisor to the Real Estate Developers’ Association of Singapore (REDAS) and is a member of the Advisory Board for Real Estate Programme, Singapore Management University.
Currently she serves as the Independent Non-Executive Board Chairman of HSBC Bank (Singapore) Limited and as a member of its Audit and Risk Committees.
She is also an Independent Director of Keppel Corporation Limited and a member of its Audit, Risk and Remuneration Committees. She is also on the board of Keppel Land Limited and Singapore Totalisator Board.
She was formerly Chairman and Non-Executive Director of Keppel REIT Management Limited, the manager of Keppel REIT and she was the Lead Independent Director of Mapletree Logistics Trust Management Ltd, manager of Mapletree Logistics Trust where she chaired the Nominating and Remuneration Committee.