Temple Real Estate Investment Trust announced the appointment of Douglas N. Wells as Executive Vice President of the company. Mr. Wells is the newly appointed Chief Investment Officer of Shelter Canadian Properties Limited ("Shelter") and his services are being provided to the company pursuant to the asset management agreement entered into between Temple REIT and Shelter. Mr. Wells will have primary responsibility for operations, capital markets and acquisitions for Temple REIT and report to Arni C. Thorsteinson the Chief Executive Officer of the company.

Mr. Wells was most recently employed as a Managing Principal of Lazard Real Estate Partners, LLC.