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Triovest Acquires Staff from Mackenzie Goulais Inc.

Triovest is pleased to announce that the staff of Mackenzie Goulais Inc. (“MGI”) have joined our team. MGI is one of Canada’s leading providers of retail leasing, investment consulting and asset management services. Since the formation of the company in 2001, MGI has been involved in creating over $2.2 billion of new retail development and has carried out site selection assignments for a range of prominent retail anchor tenants.

“The acquisition of MGI demonstrates our commitment to building teams which have the values, skills and experience to deliver exceptional results for our clients,” said Vince Brown, President and Chief Executive Officer, Triovest. ”The addition of the MGI team to Triovest’s retail platform furthers our goal of being one of Canada’s leading providers of retail leasing, management and development expertise. The combination of MGI staff with the strength of the existing Triovest retail team will allow us to provide more comprehensive and impactful advice and service.“

Mr. Alan MacKenzie assumes the position of President, Retail as head of a Business Unit with responsibility for retail asset management and leasing for Triovest’s existing retail portfolio, along with continuing to provide outstanding service to MGI’s existing group of long-term leasing, asset management and development clients.

Mr. Michael Goulais joins Triovest as Senior Advisor, Retail. Michael was founder of M. Goulais Consultants in 1985 and subsequently Mackenzie Goulais Inc. with Alan Mackenzie in 2001. He has a long and distinguished career in retail leasing, development and advisory, having led new store development for a major Canadian retailer and as a lead consultant on the development of numerous, high-profile, Canadian shopping centres.

Mr. Bob Molgat joins Triovest as Executive Vice President, Retail Asset Management and Ms. Molly Favato as Senior Vice President, Retail.

As part of the integration of MGI with the Triovest team, John Crombie continues to lead the retail leasing group in his role as Senior Vice President, Retail Leasing. Tom Falls continues to lead Triovest’s operations in Central Canada as Executive Vice President, Central Region with responsibility for office, industrial and retail property management as well as office and industrial asset management and leasing. His retail asset management and leasing responsibilities will transfer to the new Retail Business Unit headed up by Alan Mackenzie.

“We are enthusiastic to join forces with Triovest,” said Alan Mackenzie, President, Retail, Triovest. “This combination is an excellent strategic fit, presenting a unique opportunity to blend and strengthen the scope of services and capabilities available to the clients of both organizations in executing their real estate strategies.”

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