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Blair Welch

Trustee

Mr. Welch co-founded Slate Asset Management L.P. in 2005. Slate Asset Management L.P. is a Toronto-based real estate asset management company with over $6 billion of assets under management across Canada, the United States and Europe. With over 20 years of real estate industry experience in North America, Europe and Asia, Mr. Welch has worked in direct investment, investment banking, development and securitization. Mr. Welch has been fortunate to work with exceptional people at pioneering firms such as Fortress Investment Group; Bankers Trust; First National Financial Corporation and Brazos Advisors (now Lone Star). Mr. Welch serves as a trustee of the REIT. and holds a Bachelor of Commerce from the University of British Columbia.