LREIT announces the appointment of Gary Benjaminson to the positions of Chief Financial Officer and Secretary

WINNIPEG, Aug. 26, 2014 /CNW/ - Lanesborough Real Estate Investment Trust ("LREIT") (TSX:LRT:UN) today announced the appointment of Mr. Gary Benjaminson MBA, CA to the positions of Chief Financial Officer and Secretary of Lanesborough Real Estate Investment Trust (LREIT), replacing Kenneth J Dando CA, effective August 31, 2014.  Mr. Benjaminson obtained his designation as a Chartered Accountant with Deloitte & Touche in 1998. He also holds a Masters of Business Administration degree, with Distinction, from the Edinburgh Business School, and a Masters of Accountancy degree (Honours) and a Bachelor of Commerce degree (Honours) from the University of Manitoba.  Previously, Gary held the position of Senior Manager - Consolidations & Reporting with Bacardi Limited, for a period of 3 years, in Hamilton, Bermuda.

Reporting to the Chief Executive Officer, Gary will be responsible for all aspects of the positions of Chief Financial Officer and Secretary. The services of the Chief Financial Officer and Secretary are provided to LREIT pursuant to the Services Agreement between LREIT and Shelter Canadian Properties Limited (Shelter).

Ken Dando will continue in senior management with Shelter and be available to assist in the transition to the new Chief Financial Officer and Secretary.  Mr. Dando has served in the CFO position since the inception of LREIT in 2002.

SOURCE: Lanesborough Real Estate Investment Trust