Financial Services >> CEO Interviews >> August 21, 2000
JOHN P. VAN HAASTRECHT became President and CEO of Morguard Real Estate
Investment Trust in August 1999. Prior to this period, Mr. van
Haastrecht founded Devan Properties Ltd. in 1985, and successfully grew
the company to be a major force in the Canadian real estate industry.
The company was sold in 1998, and subsequently rolled into Morguard Real
Estate Investment Trust in 1999. Mr. van Haastrecht started his career
as a pilot in the Canadian Navy, breaking into the Canadian real estate
industry with A.E. LePage in Toronto in 1969. He has held a number of
senior positions in the real estate industry, including with Columbia
Commonwealth Limited, a company involved in the development of regional
shopping centers and office buildings throughout Canada and the United
States. Mr. van Haastrecht has also acted as a developer and real estate
advisor to a variety of companies and to the Ontario government. From
1980 to 1985, Mr. van Haastrecht was with Campeau Corporation, where he
was responsible for the Shopping Center Division, the National Capital
Region, and the Western Office and Industrial Division. Mr. van
Haastrecht is a graduate of the Royal Military College in Kingston,
Ontario, with a degree in Applied Science. Profile
TWST: Can we start with a history and an overview of Morguard?Mr. van Haastrecht: Morguard is a Real Estate Investment Trust with
assets just under $850 million. It was created in 1997, when