Choice Properties Real Estate Investment Trust announced that President and Chief Executive Officer, Stephen Johnson has decided to retire on May 1, 2019. He will be succeeded by Rael Diamond, who is currently Chief Operating Officer at Choice Properties. Mr. Johnson and Mr. Diamond were appointed to their current roles following Choice Properties' acquisition of Canadian Real Estate Investment Trust (CREIT) in May 2018.

Prior to that acquisition, Mr. Johnson served as the Chief Executive Officer of CREIT for more than 20 years, during which time he shaped it into one of the country's preeminent real estate organizations. Mr. Diamond has nearly two decades of experience in asset management and real estate operations as a senior executive, including seven years with CREIT and Choice Properties. Between now and May 1, 2019, Mr. Johnson will transition the role of CEO to Mr. Diamond, following which he will act as an advisor to Choice Properties for a period of 12 months.