Allied Properties REIT has announced sweeping changes and promotions among its senior management, including a new CEO and the retirement of its board chair. Michael Emory will step down as president/CEO, to be succeeded by Cecilia Wiliams.
Salaries for executives in top commercial real estate positions in the Greater Toronto Area increased an average of 15 per cent last year as the “candidate-driven market” continues, says Dan McLeod of recruitment firm Hays in Toronto.
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