/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
MISSISSAUGA, ON, Nov. 3, 2020 /CNW/ - R&R Real Estate
Investment Trust (the "REIT") (TSXV: RRR.UN) announced that
Derek Dermott has resigned from the
REIT's Board of Trustees. Mr. Dermott has been a member of the
REIT's Board of Trustees since the REIT's qualifying transaction in
2014.
"On behalf of the Board of Trustees, the REIT's management team
and all of the REIT unitholders, I want to thank Derek for the key
role he played in helping to grow R&R REIT into what it is
today. We wish him every success in the future," said Majid Mangalji, Executive Chairman.
Mr. Graham Blyth has been named
lead independent trustee, filling the role previously held by Mr.
Dermott. Mr. Irfan Lahka will take over for Mr. Dermott as
the chair of the REIT's audit committee. Mr. Mangalji is joining
the REIT's audit committee and governance, compensation and
nominating committee to fill the vacancies left by Mr. Dermott.
About R&R REIT
R&R REIT is an open-ended real estate investment trust
focused on increasing unitholder value through the acquisition and
ownership of hotel properties located in the United States.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE R&R Real Estate Investment Trust
