Innovalis REIT has appointed Stephane Amine as its new CEO.
In an in-house move, Amine replaces David Giraud, who resigned for undisclosed personal reasons, said the REIT in a news release. Amine becomes CEO for the REIT after chairing it for the past decade.
The Toronto-based REIT invests primarily in France, Germany and Spain. Innovalis holds 13 properties and invests indirectly via CanCorPEurope, an alternative-asset fund based in Luxembourg. CanCorPEurope is managed by Innovalis S.A., a French alternative-asset fund which manages the REIT.
Amine has about 25 years of experience in European real estate investment and the syndication of funds in other countries. Innovalis S.A. and its subsidiaries, Advenis S.S. and Advenis REIM, invest in and manage Innovalis REIT and other real-estate-related investment products.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.