TORONTO, June 2, 2016 /CNW/ - CT Real Estate Investment Trust (CT REIT) (TSX: CRT.UN) is pleased to announce Kevin Salsberg is joining its Executive Team as Senior Vice-President, Real Estate, effective June 7, 2016. Mr. Salsberg was previously Executive Vice President and Chief Investment Officer of Plaza Retail REIT ("Plaza"), and was Chief Operating Officer of Key REIT prior to its acquisition by Plaza.
"Kevin is a seasoned real estate executive with a successful track record and we are delighted to welcome him to our Executive Team. His experience in the REIT sector will be of great value to CT REIT as we continue to grow," said Ken Silver, President and Chief Executive Officer, CT REIT.
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. Its portfolio is comprised of 298 properties totaling over 22.7 million square feet of GLA, consisting primarily of retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
This press release contains forward-looking information within the meaning of applicable securities legislation, which reflects CT REIT's current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond CT REIT's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to the factors discussed under "Risk Factors" in CT REIT's 2015 Annual Information Form and its MD&A for the period ended December 31, 2015, which are both available on CT REIT's website at www.ctreit.com and on SEDAR at www.sedar.com. CT REIT does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE CT Real Estate Investment Trust (CT REIT)