QuadReal Board of Directors
QuadReal is governed by seven global and business real estate leaders who bring to their roles broad networks and deep expertise through their long experience in private and public-sector organizations.
The Directors’ backgrounds enable them to fulfill both their fiduciary Board oversight responsibilities and to bring to the table valuable insight and counsel.
Thomas Garbutt, Chair
Thomas Garbutt joined the QuadReal Property Group Board of Directors in December 2016 and was appointed Chair on August 1, 2018.
Thomas was the Head of Global Real Estate for TIAA-CREF Asset Management and the Chair of TH Real Estate. At TIAA, he led the firm’s $90 billion global real estate investment management business, expanding their client base to institutional investors across North America, Europe and Asia.
Thomas holds a B.S. from Binghamton University and an M.S. in Real Estate Investment from New York University. He was previously a Board member for the Greenprint Foundation and the Association of Foreign Investors in Real Estate. In 2010, Thomas was recognized by Bloomberg Businessweek as one of The 50 Most Powerful People in Real Estate.
Stephen Bellringer joined the QuadReal Property Group Board of Directors in December 2016.
Stephen is a private investor with D.K. Harris Properties. He was Chairman of OneREIT and Anthem Properties, a Vancouver-based real estate development, investment and management company. He also served as President & CEO of Canadian Hotel Income Properties, BC Gas, Union Gas, TransMountain Pipelines, and Orca Bay Sports and Entertainment.
Stephen received his B. Comm., M.B.A., and LL.D. (Hon) from the University of Windsor, where he later served as Chairman. He sat on the Board of Directors for the National Hockey League, National Basketball Association, Fortis, BC Hydro (Chair), and served as Vice Chairman of the BC Business Council and Director of the Vancouver Board of Trade.
J. Lorne Braithwaite
Lorne Braithwaite joined the QuadReal Property Group Board of Directors in December 2016.
Lorne was the founding CEO of Cambridge Shopping Centres, now Ivanhoé Cambridge. He joins QuadReal’s Board after serving as Chairman, President and CEO of Cambridge before the sale of the company in 2002. He is the Chairman of the Canada Post Pension Plan’s Investment Advisory Committee and a Special Advisor for Majid Al Futtaim Retail, the leading shopping mall, retail and leisure company in the Middle East and North Africa. Lorne also served as President and CEO of Build Toronto Inc., an independent real estate and development corporation established to generate value from underutilized real estate assets throughout the City of Toronto.
Lorne holds a B.Comm. from the University of Alberta and an M.B.A. from the Richard Ivey School of Business. He is a Director of the Business Advisory Council at the University of Alberta School of Business and past Chairman of the Hospital for Sick Children Real Estate Division Capital Campaign. He previously served on the Board of Directors for Enbridge and OMERS Realty Corporation. In 2005, Lorne was a NAIOP Award for Real Estate Excellence Lifetime Achievement Honouree, and is a member of the Alberta Hockey Hall of Fame. He was also a World-Wide Chairman of the International Council of Shopping Centres.
Stefan Dunatov joined the QuadReal Property Group Board of Directors in June 2018.
As BCI’s Executive Vice President, Investment Strategy & Risk, Stefan is responsible for providing independent strategy, risk analysis, and advice to BCI’s stakeholders. Prior to joining BCI, Stefan was the Chief Investment Officer with Coal Pension Trustee Services (CPTI), based in the United Kingdom, for five years. Originally from New Zealand, Stefan’s career has included roles with Deutsche Asset Management, the Reserve Bank of New Zealand, Equitas Limited, and HSBC. Stefan is a member of the Investment Committee of Wellcome Trust, a global medical charity, and Chair of the 300 Club.
Stefan holds a Master’s Degree in Economics from the London School of Economics and Political Science, and Undergraduate Degrees in both Law and Economics from the University of Auckland. Stefan is delighted with the opportunity to be able to work with QuadReal in delivering great outcomes for all our stakeholders.
Alastair Hughes joined the QuadReal Property Group Board of Directors in October 2019.
Alastair has over 30 years of real estate experience advising investors and occupiers in multiple international real estate markets, both at an operational level and strategic level. He joins QuadReal’s Board after serving as a member of the Global Executive Board at Jones Lang LaSalle (JLL) where he held various executive management positions, including CEO of JLL Asia Pacific and CEO of JLL Europe, Middle East and Africa.
Alastair holds a B.A. in Economics from Heriot-Watt University and a Diploma in Land Economy from the University of Aberdeen. He is a Fellow of the Royal Institution of Chartered Surveyors. He currently sits on the Boards of several companies, including Schroder REIT Limited, British Land Company PLC and Tritax Big Box REIT PLC.
Shauna Lukaitis joined the QuadReal Property Group Board of Directors in June 2018.
As BCI’s Chief Operating Officer, Shauna oversees operations and ensures that the corporation delivers on the objectives outlined in the strategic business plan. With a twenty-year history at BCI, Shauna assumed her current position after progressive promotions within the corporation. Past multi-disciplinary roles, ranging from equity trading to project management, have augmented her collaborative and encouraging management approach. Prior to her current position, she was the Senior Vice President, Investment Operations for six years.
Shauna holds a Business Administration Diploma from Camosun College, the Canadian Securities Certificate and the Chief Compliance Officer Diploma from the Canadian Securities Institute.
Lauralee Martin joined the QuadReal Property Group Board of Directors in December 2016.
Lauralee served as Chief Executive Officer of HCP, a Fortune 500 REIT. Prior to HCP, Lauralee was with Jones Lang LaSalle in various executive positions, including CEO, Americas, COO and CFO, where she led the firm’s global financial strategy. She served as President Real Estate Finance and then CFO at Heller Financial Inc., helping take the company public in 1998 and facilitating the company’s sale at double the IPO share value to GE Capital, where she held management positions.
Lauralee holds a B.A. from Oregon State University and an M.B.A. from the University of Connecticut, where she was later inducted into the UConn School of Business Hall of Fame. She currently sits on the Board of Kaiser Aluminum Corporation and ABM Industries, as well as the non-profit Yale Union Contemporary Art Space.
Paul George Samuel Cantor (Jan 08, 1942 – Aug 10, 2018)
Founding Chair, QuadReal Property Group Board of Directors
Paul Cantor joined the QuadReal Property Group Board of Directors as its Founding Chair in June 2016 and served in that role until August 2018.
Community building, teamwork and delivering strong performance are at the core of everything we do. Giving generously to community and driving performance excellence were at Paul’s core too. This alignment is why Paul proved to be a leader of stellar inspiration, as he challenged, supported and encouraged others to be their best.
In the passage of time since Paul’s death, members of the QuadReal team continue to call upon his expectations of us and advice to us. We have created The Paul Cantor Award of Excellence to recognize colleagues who define a dedication to excellence. The Award, presented by our Board, is given to the person who making a long-lasting contribution to QuadReal and in a manner which reflects all of QuadReal’s values.
The Paul Cantor Award of Excellence
Launched in 2019, the Paul Cantor Award is given annually to a team member of distinction who embodies the dedication to our values, to excellence and to community-building.
Learn more about our recipients, their leadership and their long-lasting contributions to QuadReal and our communities.
2020 Recipient – Deborah Chan
Deborah Chan, Senior Vice Present, Finance – Investment Management, was awarded the 2020 Paul Cantor Award of Excellence. Deb’s devotion to her team and unwavering commitment to every project she has worked on are common themes of celebration among her colleagues. Deb gains the trust of those around her, whether it is her own team members or her external business partners. We are inspired by Deb’s leadership and the devotion she brings to the next generation.
2019 Recipient – John Cordonier
John Cordonier, Vice President, Development, was presented the inaugural Paul Cantor Award. John’s approach to leading with creativity and unmatched problem-solving has resulted in the success of some of QuadReal’s most iconic development projects: 745 Thurlow, Oakridge Centre and The Post, to name a few. Despite the impressive list of achievements, John’s humility has garnered utmost respect from his peers and colleagues. We are grateful to have John as a teammate—a leader by example of innovation and collaboration who inspires those around him to do their best every day.