Homburg Canada Real Estate Investment Trust (HCR) has altered the composition of its board of trustees and executive management structure. The board has scrapped the position of executive chairman and hired Karen Prentice as the first non-executive Chairman of HCR. Richard Homburg will no longer be one of its nominees on the board of trustees of HCR and consequently will no longer be an executive chairman and trustee. The board has added Gérard Limoges to the investment committee, which will now comprises Wayne Heuff, John Levitt, Gérard Limoges and James Beckerleg, with Levitt as Chairman.

Click here for the release from Canada Newswire.