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Investors Group Trust Co. Ltd. purchases $117 million industrial portfolio

Date Closed

April 12, 2005

Lead Office

Toronto

Value

117.00 Million CAD

On April 12, 2005, Investors Group Trust Co. Ltd., as trustee for Investors Real Property Fund, completed the purchase of a portfolio of 24 industrial and office buildings for a purchase price of approximately $117 million. The vendors were GPM Real Property (6) Ltd. and Endow (6) Inc. The properties include several single-tenant warehouse facilities and numerous multi-tenant light industrial and office properties located in the greater Toronto area, Ottawa and Edmonton.

McCarthy Tétrault advised Investors Group with a team that was led by Danny Grandilli.

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