Subject: KingSett Real Estate Growth LP No. 5 Acquires Trust Units of InnVest REIT
KingSett Real Estate Growth LP No. 5 Acquires Trust Units of InnVest REIT
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May 21, 2015 |
KingSett Real Estate Growth LP No. 5 Acquires Trust Units of InnVest REIT
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TORONTO, ONTARIO--(Marketwired - May 21, 2015) - KingSett Real Estate Growth LP No. 5 ("KSLP5") announced today that it acquired 413,460 trust units ("Units") of InnVest Real Estate Investment Trust, representing approximately 0.34% of the outstanding Units, at a price of $5.45 per Unit for an aggregate purchase price of $2,253,357. The Units were acquired pursuant to open market purchases through the facilities of the Aequitas NEO Exchange. After giving effect to the transaction, KSLP5 has control and direction over a total of 21,673,431 Units, representing approximately 17.7% of the outstanding Units. The Units were acquired in the ordinary course of business, for investment purposes only. |
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CONTACT INFORMATION: |
KingSett Real Estate Growth LP No. 5 Attention: Colin Baryliuk, Managing Director, Investments Tel: (416) 687-6780
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INDUSTRY: Financial Services - Investment Services and Trading, Real Estate and Construction - Commercial Real Estate, Real Estate and Construction - Construction, Real Estate and Construction - Residential Real Estate |
Suite 900, 25 York Street, Toronto, ON M5J 2V5 |
Toll Free:888-299-0338 |
Phone: 416-362-0885 |
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