Guardian Capital Group Limited (TSX:GCG)(TSX:GCG.A) today announced its
continued development of the firm's asset management capabilities with its entry
into the direct real estate asset class with the appointment of Mr. Brent
Chapman and Mr. Stephen Tiller as Managing Directors of Guardian Capital Real
Estate GP Inc. Mr. Chapman and Mr. Tiller each have over 25 years of experience
in the real estate investment management industry, Mr. Chapman most recently as
President and CEO of GPM Investment Management and Mr. Tiller as President, BMO
Nesbitt Burns Real Estate Inc. and Group Head of BMO Capital Markets Real Estate
Group. George Mavroudis, President and Chief Executive Officer of Guardian
Capital Group Limited said, "We are delighted and fortunate to have the
opportunity to add two such highly experienced and respected individuals to our
management team and to offer the direct real estate asset class to address the
growing demand of institutional investors".


The company's initial focus will be on offering a diversified portfolio of
direct Canadian real estate property which will include exposure to industrial,
commercial, retail and multi-residential properties that will provide
institutional investors a well-diversified steady income investment. Mr. Tiller
said, "We are very excited to join the rich tradition of Guardian Capital, one
of Canada's leading independent investment management firms". Mr. Chapman added,
"The combination of our extensive real estate experience with Guardian Capital's
financial strength and reputation for investment management excellence is a
powerful blend that will enable us to build a strong real estate investment
platform".


Guardian Capital Group Limited is a diversified financial services company
founded in 1962 and celebrating its 50th year in business. Guardian provides
institutional and high net worth investment management services to clients and
as of December 31, 2011 had $15.9 billion in assets under management and an
additional $8.7 billion under administration. Its Common and Class A shares are
listed on The Toronto Stock Exchange.


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