Some Recent Numbers
 |
16%: Londondale Shopping Centre, Edmonton, AB (2005-2009) |
 |
36.23%: IGW REIT Class A Units |
 |
15.33% SegDebt 1 |
 |
12.22% SegDebt 2 |
Overview
LEAGUE currently is managing some $920 million in real estate assets, and is responsible for the financing of what are estimated to become $2 billion in assets on behalf of the families of more than 2,500 Member-Partners. The IGW REIT features an impressive track record of stable distributions: Since its inception in 2004, it never has missed a single one of its monthly payments.
In addition to the IGW REIT’s pool of properties, LEAGUE manages a number of single-property limited partnerships, including its flagship development in Victoria’s western communities, Colwood City Centre LP, a new urban hub on Vancouver Island.
Another groundbreaking project is Eagle Landing Retail Centre LP in Chilliwack, BC, a joint venture with the Squiala First Nation that may become the largest shopping and entertainment complex in British Columbia.
LEAGUE also recently broke new ground in a different area when it acquired an indirect interest in Charter Real Estate Investment Trust, a public REIT that has 10 retail properties in Ontario and Quebec. Additionally, through an affiliate company, an affiliate of LEAGUE has also entered into an asset management agreement with Charter.
A Closer Look
16%: Londondale Shopping Centre, Edmonton, AB (2005-2009)
When this limited partnership was rolled over into the IGW REIT, it realized an annualized return of 16% over its four-year history.
36.23%: IGW REIT Class A units:
$100,000 of Class A units invested through the Distribution Reinvestment Program since February 2007 was worth $136,238.18 in April, 2010.
15.33% and 12.22%: SegDebt 1 and SegDebt 2
These are the respective performances of each since their inception in June 2009 and August 2009, up to May 2010