05/03/2019

Brad Wall Joins Avenue Living as Trustee and Special Business Advisor

Calgary, AB — Avenue Living Asset Management is pleased to announce today that Brad Wall, the former Premier of Saskatchewan, will be joining Avenue Living as a Trustee to the Avenue Living Real Estate Core Trust and as a special business advisor to Avenue Living Asset Management Ltd.

“I am honoured to be joining the Avenue Living team,” said Brad Wall. “This is a great Canadian business and one of western Canada’s most significant housing providers. They have a strong presence in Saskatchewan, a solid record for reinvestment and a vision for growth.”

Mr. Wall served as Premier of Saskatchewan from 2007 to 2018. During his time in office, the province added more than 60,000 new jobs in a decade of growth. His government reformed labour legislation and regulatory environments to ensure fairness, sustainability and economic competitiveness. He still resides in Swift Current, Saskatchewan with his wife, Tami.

“We are thrilled to have Brad Wall come on board,” said Anthony Giuffre, Founder and CEO of Avenue Living. “His decades of experience in political and business strategy will bring us invaluable insights and oversight as we continue to enhance our growth platform in the Prairies.”

Mr. Wall commences his three-year term as Trustee to the Core Trust and his senior advisory role at Avenue Living Asset Management Ltd. in Q2, 2019.

ABOUT AVENUE LIVING REAL ESTATE CORE TRUST

 The Avenue Living Real Estate Core Trust is an open-ended mutual fund trust, targeting stabilized assets with strong occupancy and stable current income. The portfolio comprises 350+ multi-residential and mixed-use buildings, totaling 7,500 units and 48,000 square feet of commercial space. Assets are diversified across various core and non-core markets in Western Canada. The portfolio recently underwent a major $125 Million capital expenditure program, in which every building was renovated and improved, to extend the useful life of the portfolio and bring each asset to a consistent quality standard.




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