Announcement Highlights:
- Patrick Bonney Joins the Board of Directors
- Canopy Airport Parking Facility's 2012 Occupancy Up 38%
VANCOUVER, British Columbia, Jan. 31, 2013 (GLOBE NEWSWIRE) -- Greenscape Capital Group Inc. ("Greenscape") (TSX-V:GRN) is pleased to announce the addition of Patrick Bonney to the Board of Directors.
Mr. Bonney is a professional corporate financial and strategic advisor having worked with leading investment banking institutions for the past twenty years in North America, Europe, Asia and the Middle East. He has advised on corporate finance and mergers and acquisitions involving global industry specialization in the industrials and technology sectors.
At Deutsche Bank in Tokyo and in London he originated and executed a multi-billion dollar spinout and merger, as well as numerous other advisory assignments. Mr. Bonney subsequently co-founded three institutional private equity/real estate funds in Tokyo with combined equity capital of $500 million.
Additionally, Mr. Bonney was previously the Head of M&A Investment Banking at WestLB Securities in Tokyo; Head of Japanese Multinational Corporate Finance at Royal Bank in Toronto; and member of the cross-border real estate acquisition team of Yasuda Trust (now Mizuho Trust & Banking) completing in excess of $1.0 billion on behalf of Japanese clients (Mr. Bonney is fluent in Japanese).
Rick Baxter, CEO stated, "I am very pleased to have Mr. Bonney, an experienced financial advisor, join the Greenscape Board and look forward to working with him as we grow our operations and make new acquisitions in 2013."
Greenscape is also pleased to report that occupancy continued to trend positively through 2012 at the Canopy Airport Parking Facility. Car count numbers are up 38% year-over-year, for the 12 months ended December 31, 2012.
Bryan Slusarchuk is stepping down from the Board of Directors, and will remain available to the company as an advisor. The company wishes to thank him for his contributions.
About Greenscape:
Greenscape Capital Group is headquartered in Vancouver, British Columbia. The company's core asset is the Canopy Airport Parking Facility, a 4,200 space state-of-the-art parking structure servicing the Denver International Airport. Canopy is known as North America's Greenest Parking Facility, is certified as a Demonstrator Site for the Green Parking Council and operates up to 75% more energy efficiently than competing parking facilities, thereby increasing the company's bottom line. Greenscape seeks to maximize shareholder value by exploring new opportunities and growth in the US commercial real estate market. For more information visit www.greenscapecapital.com.
ON BEHALF OF THE BOARD
"Rick Baxter" President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. In particular, no assurance can be given that occupancy rates at the Canopy Parking Facility will continue to increase and outperform previously forecasted numbers.