Morguard Real Estate Investment Trust Announces CFO Transition

MISSISSAUGA, ON, Nov. 12, 2018 /CNW/ - The Board of Trustees of the Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has approved a Chief Financial Officer ("CFO") transition.  Effective November 19, 2018, Andrew Tamlin will assume the position of CFO.

Mr. Tamlin joins the Trust having worked in progressively senior financial positions at ClubLink Corporation, and subsequently TWC Enterprises Limited (TSX: TWC) for nearly 20 years.  He was appointed CFO in 2015, including overseeing the finance and reporting functions of the company.  A graduate of Wilfrid Laurier University in Business Administration and Management, Mr. Tamlin also holds a Chartered Professional Accountant (CPA, CA) designation.  Mr. Tamlin will continue in his current role of CFO at TWC Enterprises Limited.

"I have worked directly, with Andrew, for a number of years and I am confident that he will carry on the Trust's commitment to transparency and accuracy in finance and reporting," said K. Rai Sahi, Chairman and CEO of the Trust.

Mr. Tamlin succeeds Pamela McLean, who has served as the Trust's CFO since 2014.  With this planned transition, Ms. McLean remains within the Morguard group of companies where she will focus on her continued accountability for a variety of shared service teams that support the Morguard group.

Under Ms. McLean's leadership as CFO of the Trust, she has developed a strong finance and reporting team with a sharp focus on strategy, transparency and accuracy," said K. Rai Sahi. "The Board acknowledges the value she brought to the Trust."

About Morguard Real Estate Investment Trust
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.6 million square feet of leasable space. For more information, please visit Morguard.com.

SOURCE Morguard Real Estate Investment Trust