Velocity Property Group Limited announced the retirement of the Group's Managing Director, Mr. Brendon Ansell. The retirement is effective from 9 July 2020. Mr. Ansell was appointed Managing Director of Velocity Property Group in 2015 and was instrumental in the IPO of the Group, providing the vision on where the Group is today. Philip Raff, Executive Director & Commercial Manager for Velocity has been appointed as Managing Director effective 9 July 2020. A summary of Philip s key employment terms is set out in Appendix A.