Killam Properties Inc. announced that George J. Reti has retired as chairman of the board and as a director of the company effective November 29, 2013. The board of directors has approved the appointment of board member Robert G. Kay as the new non-executive chairman of the board. Mr. Reti joined Killam's board of directors in 2002, Killam's first year as a publicly traded company.

He served as chairman since the Company's listing on the Toronto Stock Exchange in 2003. During his eleven year tenure Mr. Reti helped facilitate Killam's growth from a start-up with $12 million in assets into a company having a portfolio that totals $1.6 billion.