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Granite Reit to name new directors amid opposition
Activist investor FrontFour Capital Group and partner are pushing for change
Published Wed, May 17, 2017 · 09:50 PM
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Toronto
GRANITE Real Estate Investment Trust, Canada's largest industrial real estate firm, plans to nominate two new board members amid a push for change at the company by activist investor FrontFour Capital Group and its partner, Vancouver-based Sandpiper Group.
Toronto-based Granite said in documents filed with regulators on Tuesday that it would nominate real estate veteran Remco Daal, president of Canadian real estate at QuadReal Property Group, and Kelly Marshall, managing …
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