April 2, 2008
Dear Member-Partners of IGW REIT,
It's property re-appraisal and unit re-valuation time once again.
Barring any delays receiving the appraisals, we will announce the new unit values on May 1, 2008. If you wish to subscribe at the current value of $1.067 per unit and realize the immediate increase upon re-valuation, now is the time to subscribe.
New appraisal updates have been ordered for five of the properties in the REIT - those that we expect to realize a significant increase in value since their acquisition and re-development.
They are:
- Tiffany Suites (Victoria, AB)
- Durham Shopping Centres (Durham, ON)
- Rosewood Suites (Hamilton, ON)
- and possibly two others.
To receive subscription forms, please call the office or email League's Membership Administrator, Pat Minogue at: pat@league.ca. She'll take good care of you.
As always, your friends and family members are always welcome, and there are no minimum investment amounts (except in some circumstances for Ontario and Quebec residents), so feel free to add any investment amount you wish so long as it is rounded to the nearest $1,000.
Best regards
Emanuel.
Emanuel Arruda
Chairman & Co-Founder
League Assets Corp.
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We are what we repeatedly do. Excellence then, is not an act but a habit.
- Aristotle -
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