Ault Global Holdings Inc (NYSEAMERICAN: DPW) has disclosed details about its formation of a Nevada corporation called the Ault Global Real Estate Equities, Inc. The newly formed entity will enable the company to achieve its goals in line with investment in the commercial real estate segment. In addition, it is set to focus on the middle-market segment in the United States.
Christopher K. Wu to take over leadership
AGREE needs someone to spearhead its strategy, and that explains the latest appointment of Christopher K. Wu to serve as Chief Executive Officer.
Mr. Wu is quite pleased with his new position and has vowed to lead the AGREE platform to the best of his knowledge. He plans to help create long-term value and invest opportunistically in commercial real estate sectors such as multi-family housing properties and hospitality.
The Executive Chairman of the Company Milton “Todd” Ault stated, “We believe there are attractive assets in commercial real estate in the United States that would benefit from capital investment and repositioning, and we believe Chris Wu, given his experience in the commercial real estate sector, will provide strong leadership to drive investments that meet our criteria. In addition, Chris brings a unique skill set and connections to provide non-recourse financing to the company, allowing us to expand our real estate portfolio with limited impact on the company’s resources.”
Persons that wish to obtain more information about the progress of Ault Global Holdings and its subsidiaries can do so by consulting the relevant sources recommend by the company. The stockholders and investors happen to be some of the parties interested in such information, and Ault Global Holdings encourages them to check out the company’s public filings with the SEC. In addition, the press releases will also bear crucial information about Ault Global Holdings and its subsidiaries.