InvestPlus Real Estate Investment Trust
About This REIT
MillionInvestPlus Real Estate Investment Trust (IP REIT) is a private Real Estate Investment Trust based in Calgary, Alberta. The Trust provides an opportunity to invest in a diversified portfolio of multi-unit residential apartment and commercial buildings in western Canada.
Corporate Overview
- The Trust will use the net proceeds from theOffering to fund the acquisition of additional multi-family residential and commercial assets
- Current assets under management of$35,300,000 comprised of 161 rental units and64,000 square-feet of commercial space
- Management and independent trustees with over 75 years of experience in the industry
- Solid track record
REIT Highlights
- 100% Canadian Real Estate
- Diversified Portfolio Residential and Commercial
- Quarterly Income
- Capital Growth Potential
- Tax Efficient; RRSP, RRIF, TFSA Eligible
- Low Debt to Value: 61.0%
InvestPlus Portfolio
- $35.2mm in Assets
- 8 buildings
- 161Rental Units
- 64,000 Sq-ft Commercial
- 60/40 split MF to Commercial
SUMMARY OF THE OFFERING
Issuer: InvestPlus Real Estate Investment Trust Mutual Fund Trust
Fund Structure: Class A, Class F and Class I Trust units of the issuer
Securities Offered: $10,000,000
Minimum Investment: $25,000.00
Use of Proceeds: The Trust will use the net proceeds from the Offering to fund the acquisition of additional multi-family residential assets and commercial real estate assets.
Offering Basis: The Trust Units are offered on a private placement basis by way of the Offering Memorandum
Eligibility: Eligible for RRSP, RESP, RRIF, LIRA, TFSA etc.
Distributions: Quarterly cash distributions
Management Fees: Acquisition fee: 0.3000%, Administrator fee up to:1.000%
DRIP: The Distribution Reinvestment plan is available for all Classes of units. Participants will receive a 3% bonus of declared distributions
Liquidity: Quarterly Redemptions available