| Closing: |
Oct. 26, 2006 |
| Total units: |
40,000 |
| Per unit: |
$1,250 |
| Debenture interest rate: |
8% |
| Equity raised: |
$50,000,000 |
| Total portfolio acquired: |
$118,393,711 |
| Number of properties: |
14 (13 divested) |
|
| |
|
Properties by Purchase Price
|
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| 
|
|
 |
Place des Quatre-Bourgeois - 47.5% interest
Sainte-Foy, QC |
| Purchase Price: |
$11,597,125 |
| Purchase date: |
February 2008 |
| Property type: |
Shopping centre |
| Rentable area: |
245,028 sq. ft. |
| Sale price: |
$15,211,875 |
| Sale date: |
June 2012 |
| |
|
|
 |
City Gate Centre
Chilliwack, BC
|
| Purchase price: |
$16,466,086 |
| Purchase date: |
December 2007 |
| Mortgage: |
$9,034,226 |
| Interest rate: |
Prime Rate + 1.25% |
| Debt maturity: |
On demand |
| Property type: |
Shopping centre |
| Rentable area: |
44,534 sq. ft. |
| Site area: |
3.66 acres |
| Key tenants: |
HSBC Bank, Envision Credit Union, Liquor Depot |
|
|
 |
Les Galeries Kirkland
Montreal, QC |
| Purchase price: |
$12,100,000 |
| Purchase date: |
September 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
83,225 sq. ft. |
| Sale price: |
$10,420,000 |
| Sale date: |
December 2017 |
|
|
 |
Grand Marshall
Toronto, ON
|
| Purchase price: |
$3,400,000 |
| Purchase date: |
July 2007 |
| Property type: |
Industrial |
| Rentable area: |
15,965 sq. ft. |
| Site area: |
2.69 acres |
| Sale price: |
$3,400,000 |
| Sale date: |
November 2011 |
|
|
 |
The Shops at Polson Park
Vernon, BC |
| Purchase price: |
$12,500,000 |
| Purchase date: |
May 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
119,484 sq. ft. |
| Site area: |
9.686 acres |
| Sale price: |
$30,500,000 |
| Sale date: |
December 2021 |
|
|
|
Starlite Centre
Regina, SK |
| Purchase price: |
$5,321,500 |
| Purchase date: |
May 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
26,869 sq. ft. |
| Site area: |
2.52 acres |
| Sale price: |
$6,500,000 |
| Sale date: |
December 2010 |
|
|
 |
788 Caldew Street
Delta, BC |
| Purchase price: |
$3,900,000 |
| Purchase date: |
March 2007 |
| Property type: |
Industrial |
| Rentable area: |
56,625 sq. ft. |
| Site area: |
2.671 acres |
| Sale price: |
$5,000,000 |
| Sale date: |
April 2008 |
|
|
 |
Cariboo Mall
100 Mile House, BC |
| Purchase price: |
$2,170,000 |
| Purchase date: |
March 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
39,708 sq. ft. |
| Site area: |
3.44 acres |
| Sale price: |
$2,350,000 |
| Sale date: |
January 2012 |
|
|
 |
Terrace Shopping Centre
Terrace, BC |
| Purchase price: |
$2,360,000 |
| Purchase date: |
March 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
19,728 sq. ft. |
| Site area: |
0.854 acres |
| Sale price: |
$2,360,000 |
| Sale date: |
September 2009 |
|
|
|
Smithers Mall
Smithers, BC |
| Purchase price: |
$1,760,000 |
| Purchase date: |
March 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
43,741 |
| Site area: |
3.16 acres |
| Sale price: |
$2,800,000 |
| Sale date: |
July 2013 |
|
 |
Evergreen Centre
Sooke, BC
|
| Purchase price: |
$8,170,000 |
| Purchase date: |
February 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
67,156 sq. ft. |
| Site area: |
7.96 acres |
| Sale price: |
$15,900,000 |
| Sale date: |
August 2011 |
|
 |
Millwoods Mainstreet Mall
Edmonton, AB |
| Purchase price: |
$29,000,000 |
| Purchase date: |
February 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
142,865 sq. ft. |
| Site area: |
15.23 acres |
| Sale price: |
$38,500,000 |
| Sale date: |
March 2011 |
|
 |
Maple Park Shopping Centre - 95% interest
Quesnel, BC |
| Purchase price: |
$3,049,000 |
| Purchase date: |
February 2007 |
| Property type: |
Shopping centre |
| Rentable area: |
139,127 sq. ft. |
| Site area: |
13.68 acres |
| Sale price: |
$1,567,500 |
| Sale date: |
November 2018 |
|
|
 |
Newton Crossing
Surrey, BC |
| Purchase price: |
$6,600,000 |
| Purchase date: |
December 2006 |
| Property type: |
Retail/office |
| Rentable area: |
48,966 sq. ft. |
| Site area: |
3.978 acres |
| Sale price: |
$10,150,000 |
| Sale date: |
October 2008 |
|
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