Adventus Announces Change in Management

August 08, 2018

Adventus Capital Partners Ltd. ("Adventus") announces the appointment of Rick Charlton as Chief Operating Officer (COO). Mr. Charlton will take over COO responsibilities from Darcy Brabbins who now serves as the Chief Investment Officer (CIO) for Adventus.

Mr. Charlton has over 30 years of commercial real estate experience. Prior to joining Adventus, Mr. Charlton held various senior management positions with Great West Life and WAM Development Group. Mr. Charlton currently serves on the Government Affairs Committee for the National Alliance of Industrial and Office Properties of Calgary, where he previously served as President and National Director. Mr. Charlton also served as Chairman of the Commercial Committee of the Urban Development Institute in Alberta. Mr. Charlton obtained his Bachelor of Arts, Economics Major, from the University of Calgary.

Rod Johnston, President and CEO of Adventus, states, "We are very pleased to add Rick to our Adventus senior management team. Rick brings extensive commercial real estate experience, most recently managing a 10 million square foot office, industrial, and retail portfolio valued at $4.5 billion across Western Canada and Texas. Rick’s addition will allow Darcy Brabbins to transition to CIO where he will be a key driver for the property acquisition strategy of Adventus."

 

About Adventus

Adventus is a Canadian based private Real Estate Investment Trust (REIT) and is focused on US income producing commercial real estate, in the suburban office markets of Chicago, Illinois and Atlanta, Georgia. For more information on Adventus, including our team, corporate strategy, photo gallery, details of our portfolio and press releases, we invite you to visit our website at www.adventusrealty.com.

 

Cautionary Statements Regarding Forward-Looking Statements

This press release may contain forward-looking statements with respect to the REIT and its operations, strategy, financial performance and financial condition, as well as with respect to the previously disclosed acquisitions and future acquisitions of properties. These statements generally can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "forecast", "expect", "intend", "would", "could", "if", "may" and similar expressions. The actual results and performance of the REIT discussed herein could differ materially from those expressed or implied by such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, changes in interest rates, competition and changes in securities or other laws or regulations or the application thereof. The cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf.

Unless otherwise stated, all forward-looking statements speak only as of the date of this press release. Except as required by applicable law, the REIT specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

 

ADVENTUS REALTY TRUST

By its Trustee: ADVENTUS REALTY SERVICES INC.

Per: Rodney B. Johnston, FCPA, FCA President and Chief Executive Officer

Investors News Releases Adventus Announces Change in Management