John Casasante has been appointed CEO and CIO of the manager. Casasante is from DWS, formerly RREEF.
Mushtaque Ali has been appointed CFO of the manager. Ali is from sponsor Manulife.
The MUST announcement comes hot on the heels of Prime US REIT 's announcement that the CEO of the manager has resigned to seek other opportunities and his replacement is a shareholder of Prime US REIT's sponsor and manager.
Units in MUST closed at 5.7 cents on March 18.