People: Summit Industrial Income REIT (SMU_u.TO)
21 May 2019
Mr. Louis Joseph Maroun is Chairman of the Board of Trustees of Summit Industrial Income REIT. Mr. Maroun began his real estate career in 1982 following seven years with the Nova Scotia Department of the Attorney General. In 1996, along with his partners, he launched Summit REIT and under his tenure as Chief Executive Officer, it grew to become one of Canada’s largest real estate investment trusts and the country’s largest publicly traded owner and manager of industrial real estate with approximately $3.5 billion in assets. Following Summit REIT’s successful privatization by ING Real Estate in 2006, Mr. Maroun became Executive Chairman of ING Real Estate Canada until 2009. Mr. Maroun is also a former board member and former Lead Director of Acadian Timber Income Fund, former Chairman of InStorage REIT, and former board member of Brookfield Infrastructure Partners L.P., a Toronto Stock Exchange and New York Stock Exchange listed public company.
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