Mr. John Robertson reports

INTEGRATED ASSET MANAGEMENT CORP. AND IAM REAL ESTATE GROUP ANNOUNCE PURCHASE OF PORTFOLIO OF ASSETS

Integrated Asset Management Corp.'s IAM Real Estate Group has closed the purchase of a 20-property portfolio. The assets are located within Atlantic Canada.

This portfolio has been added to the IAM Real Property Fund. The IAM Real Property Fund is an open-end investment fund and is managed using the time-tested strategy of the IAM Real Estate Group which has produced an unrivalled 36-year record of excellent performance.

David Pappin, president of the IAM Real Estate Group, said, "These acquisitions complement the existing portfolio within the fund and reinforce the core strategy of a focus on industrial property, along with broad diversification both by tenant exposure and region."

About Integrated Asset Management Corp.

Integrated Asset Management is one of Canada's leading alternative asset management companies with approximately $2.4-billion in assets and committed capital under management in real estate, private debt and infrastructure debt.