Madison Pacific Properties Inc.

June 01, 2005 12:00 ET

Madison Pacific Properties Inc. 'TSX:MPC' Announces Appointment of President & C.O.O.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 1, 2005) - Madison Pacific Properties Inc. (TSX:MPC), a Vancouver-based real estate company, announces the appointment of a new President & C.O.O.

The Board of Directors of the Company is pleased to announce the appointment of Mr. Alan Firth as the new President & C.O.O. effective July 11, 2005. Mr. Raymond Heung, the current President & C.E.O., will remain the C.E.O. after July 11, 2005 for a period of time to support a successful transition of responsibilities. Mr. Firth will also join the Board of Directors as of July 11, 2005.

Mr. Firth has been with a national real estate firm for over 15 years. His most recent position with the firm is Associate Vice President.

The Company owns over $150 million in real estate assets comprising over 1.5 million rental sq.ft. of industrial and commercial space.

Contact Information

  • Madison Pacific Properties Inc.
    Mr. Raymond Heung
    President & C.E.O.
    (604) 732-6540
    Madison Pacific Properties Inc.
    Mr. Thor Olsen
    Investor Information
    (604) 732-6540
    (604) 732-4427 (FAX)