The Caisse de dépôt et placement du Québec announces the appointment of William R.C. Tresham as SITQ President and CEO

Daniel Fournier, President of the Caisse’s Real Estate group, is pleased to announce the appointment of William R.C. Tresham as President and Chief Executive Officer of its real estate subsidiary, SITQ. This appointment is effective immediately. Mr. Tresham was hired recently as Chief Operating Officer, SITQ Office Real Estate.

“Mr. Tresham has all the qualities of a great builder and leader, outstanding strengths of his predecessors, Fernand Perreault and Paul Campbell,” said Mr. Fournier. Over the past 26 years, these two men successfully built a solid company with a tradition of excellence, making SITQ a real estate leader in North America and Western Europe.”

“Mr. Tresham is the ideal candidate for this position,” said Fournier. “He is a seasoned real estate executive with both private-public sector experience and an excellent knowledge of North America’s main office property markets. Above all, living and working in the United States for nearly a decade enabled him to develop close contacts and a keen understanding of the major U.S. market.”

Paul Campbell resigned from his position as SITQ President and CEO after nine years and will act as an advisor to the Company. “Under Mr. Campbell’s leadership, SITQ saw tremendous profitability growth and stood out in the Real Estate group. We are very pleased and privileged to continue benefiting from his expertise,” said Mr. Fournier.

Mr. Tresham was recently Partner and Chief Operating Officer at Callahan Capital Partners, a private, Chicago-based real estate firm. Previously, he headed Trizec Properties for five years in Montreal and six more in Chicago, before it was bought in 2006. Mr. Tresham holds a Bachelor of Law from McGill University in Montreal and a Bachelor of Arts in Economics from Princeton University in New Jersey. He speaks fluent French and English.
 

ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. At December 31, 2009, it held $131.6 billion of net assets. As one of the leading institutional fund managers in Canada, the Caisse invests in the main financial markets as well as in private equity and real estate.
For more information: www.cdpq.com.

ABOUT SITQ
SITQ is a real estate investment, management and development firm specializing in three key sectors: Office properties; Hotels, apartments and retirement housing; and Real estate investment funds. As of December 31, 2009, SITQ owned real estate assets of $17.8 billion. A leader in the Canadian real estate industry, SITQ also owns assets in the United States, France, the United Kingdom, Germany and India.

SITQ is a real estate subsidiary of the Caisse de dépôt et placement du Québec and employs over 450 people in Montréal, home of its head office, and throughout its global network of offices and subsidiaries in Canada, Europe and Asia. For more information: www.sitq.com.