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Louis Maroun

Inducted 1988

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Louis Maroun was born and raised in Sydney, holds a Bachelor of Arts degree from the University of New Brunswick and is a Fellow ofthe Royal Institution of Chartered Surveyors. One of the most proficient executives in national and international real estate transactions,Louis first began his career in real estate in 1982 following seven years with the Nova Scotia Department of the Attorney General.

Louis is founder and current chairman of Sigma Real Estate Advisors/Sigma Capital Corporation and specializes in international real estate advisory services spanning diverse industries including technology, medical tourism, industrial real estate, hospitality, finance and lending. It focuses on buying, investing in or building real estate assets and then developingthem into market leaders within their industry niches. In 2006, Mr. Maroun was honoured by his election to the position of Fellow of the Royal Institution of Chartered Surveyors. In 2020, Mr Maroun was honoured by Cape Breton University with anHonorary Doctor of Laws degree: LL.D h.c.

Louis currently holds the position of Board Member and Chairman of Summit Industrial Income Real EstateInvestment Trust (REIT), a company he and a partner founded in 2012. He is a Director of Brookfield Renewable Partners, one of the largest, publicly owned Renewable Energy companies globally and Brookfield Property Partners,which is listed as one of North America’s largest real estate owner/operator asset managers with a portfolio of globalassets. In 2019, at the request of the Bermuda Government, he was asked to chair a group of stakeholders to assessthe feasibility of establishing a Medical Tourism Industry/Project for the country. With feasibility established, he hasbeen asked to make it a reality in the country.

A strong believer and advocate in the responsibility of the business community to contribute meaningfully and with impact to the charitable sector, Louis has participated on numerous non-profit boards including serving as National Chair of the MS Society of Canada, Vice Chair of the MS Scientific Research Foundation and Director and Chair of the Nominating Committee of the MS International Federation, London, UK. He is also a board member of Casting for Recovery Canada, a charitable organization founded by his wife Kathryn Maroun, that worked directly with women that have or have had breast cancer.

Locally, Louis is Chair of the Shannon School of Business Advisory Board at Cape Breton University, has helped raise funds for the Purdy Crawford Chair in Aboriginal Business Studies, and is spearheading the creation of a special collection at the CBU library focused on Middle Eastern Studies. Louis and Kathryn established an annual award, named the Kathryn Maroun Award in Honour of Mother Earth, at both Cape Breton University and Memorial University, that is granted each year to an indigenous undergraduate or graduate student who has a passion for the environment. Additionally, Louis and Kathryn are supporters of the Cape Breton Regional Hospital Foundation, making one of the largest personal donations in the charity’s history to facilitate ongoing programs and to renovate the diagnostic imaging waiting room.

When time permits, Louis follows another true passion for the sport of fly angling in destinations around the world, a hobby he shares with his wife Kathryn.

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Louis (Lou) Maroun Bio