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Homburg Invest names Jan Schöningh President for North America and Michael J. O'Hara Corporate Secretary
Halifax, Nova Scotia, July 10, 2009 - Richard Homburg, Chairman and Chief Executive Officer of Homburg Invest Inc. ("Homburg Invest" or the "Company") (TSX: HII.A & HII.B and NYSE Euronext Amsterdam: HII) announced today the appointment of Jan Schöningh as President, North America, and Michael O'Hara as Corporate Secretary of Homburg Invest, effective July 1, 2009.
Jan Schöningh, President, North America
"Since joining the Homburg Group two years ago, Jan has clearly demonstrated that he has both the leadership qualities and the track record to head our North American activities. His highly developed planning and management skills will complement the entrepreneurial culture that exists within Homburg today. Among his various responsibilities as president, Jan will focus on building our North American business and on our relationships with our investors as we execute our strategic plan going forward. I am very pleased that he accepted this new challenge", said Richard Homburg.
Jan Schöningh joined the Homburg Group of Companies in 2007 as Vice-President, Development of Homburg Canada Inc. and Managing Director of Viger DMC International Inc. Previously, Mr. Schöningh spent 12 years at Fairmont Hotels and Resorts where he occupied positions of General Manager in Canada, Barbados and Monaco. Prior to this, Mr. Schöningh worked for the Walt Disney Company where he was part of the pre-opening and opening team of Disneyland Paris. Mr. Schöningh will work from Homburg's Montreal offices.
Michael J. O'Hara, Corporate Secretary
"Having practiced law for twenty five years, Michael brings with him tremendous legal experience and expertise. He has worked with the Homburg Group as a legal advisor for many years and we are very pleased to have him join our team," Richard Homburg added.
Michael J. O'Hara joined Homburg Group in July of 2009. Having practiced law in the Halifax area since his admission to the Nova Scotia Bar in 1984, Mr. O'Hara operated until recently his own law firm and has been an adjudicator of the Nova Scotia Small Claims Court since 2003. He has also been involved in numerous community organizations.
About Homburg Invest
Homburg Invest, with its head office in Halifax, Nova Scotia, owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartment and townhouse properties throughout Canada, the United States and Europe.
Forward Looking Statements
This news release may contain statements which by their nature are forward looking and express the Company's beliefs, expectations or intentions regarding future performance, future events or trends. Forward looking statements are made by the Company in good faith, given management's expectations or intentions however, they are subject to market conditions, acquisitions, occupancy rates, capital requirements, sources of funds, expense levels, operating performance and other matters. Therefore, forward looking statements contain assumptions which are subject to various factors including: unknown risks and uncertainties: general economic conditions; local market factors; performance of other third parties; environmental concerns; and interest rates, any of which may cause actual results to differ from the Company's good faith beliefs, expectations or intentions which have been expressed in or may be implied from this news release. Therefore, forward looking statements are not guarantees of future performance and are subject to known and unknown risks. Information and statements in this document, other than historical information, should be considered forward-looking and reflect management's current views of future events and financial performance that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to, the following: general economic conditions and developments within the real estate industry, competition and the management of growth. The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.
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For further information, please contact:
Mr. Richard Homburg
Chairman and CEO
Homburg Invest Inc.
MEDIA CONTACT
Anne-Marie Durand
NATIONAL Public Relations
514 843-2319
Corporate info
Homburg Invest Inc. (HII) is a real estate investment and development
company, publicly traded on the Toronto Stock Exchange (TSX.
Development Pipeline
Homburg is developing real estate in Europe and North America.
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