Highlights
- Eureka Group (EGH) appoints Simon Owen as Managing Director
- Leadership transition effective from 1 July 2025
- Strategic vision aligns with rent-focused, resident-centric growth
Eureka Group Holdings Limited (ASX:EGH), a property business catering to seniors and all-age rental communities, has officially announced the appointment of Mr Simon Owen as its new Managing Director, effective 1 July 2025. This new role adds to his current position as Chief Executive Officer, which he has held since 2 September 2024.
This leadership development marks a strategic step for Eureka Group as it continues to evolve its operations and deepen its commitment to being a rent-focused, resident-centric property enterprise. The appointment comes at a pivotal time as Eureka seeks to leverage its current momentum and further strengthen its positioning within the competitive real estate investment landscape.
A Leader with Vision and Alignment
Chairman Russell Banham expressed strong confidence in Mr Owen’s capabilities, highlighting his proven leadership, deep understanding of the rental housing sector, and alignment with the company’s core values and strategic goals. Mr Banham acknowledged that Owen’s rapport with employees, stakeholders, and customers reinforces the company's vision of being a dependable and community-focused business.
Simon Owen shared his enthusiasm for the journey ahead, emphasizing the sense of purpose that drives the team at Eureka. His focus remains on steering the group toward building a market-leading portfolio of affordable rental communities with a resident-first approach.
Strategic Direction and Momentum
The dual leadership role underscores Eureka’s intention to consolidate its growth trajectory under a unified vision. With an experienced executive at the helm, the company aims to optimize operational performance and explore opportunities to expand its footprint in key rental markets across Australia.
Eureka Group Holdings, though currently not listed in the ASX300 index, exemplifies the type of focused leadership and community-based strategy often seen in growth-oriented real estate businesses. The appointment reflects a broader trend among property companies striving to create lasting impact in niche sectors.
As the company prepares for this next chapter, investors and stakeholders can anticipate continued momentum with an emphasis on delivering long-term value and community wellbeing.