MISSISSAUGA, Ontario, Oct. 09, 2018 (GLOBE NEWSWIRE) -- (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that Kimberly Tam, the REIT’s Chief Financial Officer, has resigned to pursue another employment opportunity. The REIT’s Board of Trustees (the “Board”) has appointed Sean Nakamoto, a Trustee since the REIT’s inception in 2013, as Interim Chief Financial Officer. Kursat Kacira, the REIT’s Chief Executive Officer commented, “Kimberly has played a valuable role on the management team since the REIT’s inception in 2013. On behalf of management and the Board, I would like to thank Kimberly for her work and wish her every success in the future.”

About Maplewood International REIT

Maplewood International REIT is a Canadian based growth-oriented international real estate investment trust, established to invest in high-quality income producing commercial real estate outside of Canada. The REIT’s geographic focus is on the investment grade countries of Europe, with an initial target market of the Netherlands.

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For additional information, please contact:

Kursat Kacira, Chief Executive Officer
Tel: (647) 282-8324; E-mail: kkacira@maplewoodreit.com