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BTB REIT Hires Veteran To Oversee Finances, Investments

Montreal Company Taps Marc-André Lefebvre as Vice President, Chief Financial Officer
BTB REIT has named Marc-André Lefebvre to serve as vice president and chief financial officer (BTB REIT)
BTB REIT has named Marc-André Lefebvre to serve as vice president and chief financial officer (BTB REIT)

Marc-André Lefebvre will be joining BTB Real Estate Investment Trust to oversee its financial activities, including budget management, tax planning, financial reporting and investment strategy.

Lefebvre will tackle the tasks as the company's vice president and chief financial officer starting May 27, BTB REIT said.

He joins the Montreal-based real estate investment trust after serving as chief financial officer of Kruger Energy, a renewable energy producer. Lefebvre also previously worked for almost two decades at Scotiabank and Scotia Capital in a variety of banking and accounting-related posts.

BTB REIT was launched in Montreal in 2006 by Michel Léonard who continues at the helm. It has 75 properties with a total value of $1.2 billion, according to its website.

The REIT has been aggressively working to sell off office properties and purchase more industrial properties. It recently disposed of a historic Montreal-area office property as part of that effort.

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Léonard described Lefebvre as “an ideal leader to guide our financial initiatives” in a statement.

"I am excited to join BTB's team and contribute to achieving the REIT's long-term growth objectives,” Lefebvre said in the same statement.

BTB REIT is also looking to hire a paralegal, legal adviser, accounting technician and a property accountant, according to a note on its LinkedIn page.

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