MISSISSAUGA, ON, July 26, 2016 /CNW/ - George Schott, President and Chief Operating Officer at Morguard Investments Limited ("Morguard"), today announced the appointment of David Wyatt as Vice President, Retail Leasing.
"This strategic role has a mandate to develop and implement property specific leasing strategies designed to optimize market position and asset value in the Canadian retail portfolio," said Schott. "The current sector and market cycles have presented remerchandising and redevelopment opportunities that David will lead in partnership with Morguard's Asset Management, Property Management and Development teams."
David is a seasoned real estate professional with deep knowledge in all aspects of retail. He brings significant broker, tenant, peer and client relationships to Morguard's owned and managed retail portfolio. David has proven accomplishments in past posts at Bentall Kennedy, Triovest, Redcliff and Ivanhoe Cambridge.
David will report directly to Morguard veteran Scott MacDonald, Executive Vice President, Retail.
Morguard Investments Limited, a 100% owned subsidiary of Morguard Corporation (TSX: MRC), provides strategic real estate advisory, investment and property management services for the assets of institutional clients, private investors and the Morguard group of companies.
Morguard's retail platform manages $6.1 billion of retail assets across North America comprising 17.5 million square feet of leasable area. This retail portfolio includes local, regional, super-regional, mixed-use and development properties.
SOURCE Morguard Corporation
For further information: George Schott, President and Chief Operating Officer, Morguard Investments Limited, T 905-281-3800; Scott MacDonald, Executive Vice President, Retail, Morguard Investments Limited, T 905-281-3800; Corporate Marketing, Morguard, [email protected]