Toronto, Ontario, August 25, 2023 – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN)
announced today the appointment of Stéphane Amine as President and Chief Executive Officer of the REIT.
Mr. Amine, the founder of Inovalis SA, the manager of the REIT, has replaced David Giraud, who is stepping
down as Chief Executive Officer of the REIT for personal reasons.