Loyalist Group (LOY-V) April 13, '15 is pleased to announce the appointment of Shant Poladian as Division President, Student Housing. Mr. Poladian is an accomplished leader in the capital markets and real estate industries.
His experience includes:
Chief Executive Officer, FAM REIT
Director and Audit Committee Member, AMICA Mature Lifestyles Inc.
Executive, Huntingdon Capital Corp., a real estate investment firm
Managing Director and Equity Research Analyst, Real Estate/REITs, Canaccord Genuity Inc.
"Shant's knowledge and experience in the real estate arena is precisely what Loyalist needs for our student housing initiative to accelerate its growth," said Andrew Ryu, Chief Executive Officer of Loyalist.
Mr. Poladian added: "Our objective is to create a best-in-class real estate company with unmatched velocity to drive shareholder value from day one. This new real estate company will have proprietary access to Loyalist's large and growing base of overseas students for the provision of rental accommodation and related services during their stay in Canada. I believe this propriety access will give us a significant and durable competitive advantage over the traditional multi-family rental apartment segment. We will leverage this competitive advantage as our fuel to create significant value and growth in super-prime locations concentrated mainly in Toronto, Vancouver, and Victoria."
Mr. Wilbur Wong will also be joining the team as Senior Vice-President, Investments. Mr. Wong has extensive experience and was the VP Investments for FAM REIT.
About Loyalist
Loyalist owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Loyalist Group Limited
David McAdam
VP Corporate Development
(604) 961-3513
dmcadam@loyalistgroup.com
Loyalist Group Limited
Douglas Chornoboy
Chief Financial Officer
(416) 969-9800
dchornoboy@loyalistgroup.com
www.loyalistgroup.com |
