November 1st, 2008
Greetings IGW REIT Member-Partners,
I am pleased to announce that the unit value for League's IGW REIT has increased this past quarter by .012 cents to a new value of $1.116 per unit. This puts us well on target to achieve the goals we set for the year.
All new subscriptions will be based on this new unit value - until the next re-valuation on February 1st, 2009.
The total annual return for the preceding twelve months is 15.31%. The annualized return since January 01, 2007 is 16.23%, which includes your cash distribution plus an 11.6% increase in the unit value since inception.
Because the commencement dates for some new leases will not occur until later this year, the amount distributed per unit remains unchanged for now at 10.05 cents per unit per annum. When new rents are available for distribution, this amount will increase.
To review how the revaluations are performed, please review the Frequently Asked Questions section of the current Investment Overview available in the Members Area of League's website.
Reminder: Regular Quarterly Re-Valuations
New unit values are announced May 1, August 1, November 1, and February 1. Prior to each re-valuation we will give advance notice so you can better time future investment purchases.
If you prefer not to wait until the next revaluation, you may subscribe at any time, and begin receiving your distribution payment the following month. We hope you will join us in the IGW REIT and tell your friends too.
Best regards,
Emanuel.
Emanuel F. Arruda
Chairman & Co-Founder
League Assets Corp.
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