Le Lézard
Classified in: Business
Subject: FINANCING AGREEMENTS

Integrated Asset Management Corp. and IAM Real Estate Group Announce Opening of IAM Real Property Fund for Additional Investor Commitments


TORONTO, ONTARIO--(Marketwired - May 8, 2017) - Integrated Asset Management Corp. ("IAM") (TSX:IAM) and its real estate team, IAM Real Estate Group, announce the opening for investment of the IAM Real Property Fund. Originally launched in 2014, the fund is now an open investment vehicle, having been closed for the initial investment period. With the completion of the investment program, the fund is now open for additional investor commitments.

The IAM Real Property Fund is currently $ 150 million, as at April 30, 2017 and comprises a high quality portfolio of 21 properties in 4 provinces, with very strong returns. The fund is the 13th in a sequential series of highly successful funds that began in 1982. It is now open quarterly for commitments and redemptions.

Total AUM for the Real Estate Group exceeds $800 Million.

Rick Zagrodny, President of the IAM Real Estate Group said: " We are following our time-tested strategy of patient investing, focusing primarily on small to mid-size industrial properties along with select retail and commercial opportunities, in major markets across Canada. This approach has delivered industry leading results for almost 35 years. The IAM Real Property Fund is particularly well suited for real estate investors seeking stable, predictable current income and lower volatility."

IAM is one of Canada's leading alternative asset management companies with approximately $2.5 billion in assets and committed capital under management in real estate, private debt and infrastructure debt.

www.iamgroup.ca


These press releases may also interest you

at 12:30
Alberta Innovates has received $10 million from the Regional Innovation Ecosystems (RIE) program administered by Prairies Economic Development Canada (PrairiesCan). The funding will allow Alberta Innovates to establish a specialized production and...

at 12:05
Transaction in Own Shares 4 July, 2024 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Shell plc (the ?Company') announces that on 4 July, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to...

at 12:04
Trading resumes in: Company: Victoria Gold Corp. TSX Symbol: VGCX All Issues: Yes Resumption (ET): 12:15 PM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are...

at 12:00
John Deere has made a two-year, $100,000 commitment to USO, the leading nonprofit dedicated to strengthening the wellbeing of America's military members and their families. This donation will enable John Deere employees and customers to show their...

at 11:46
Magnetic North Acquisition Corp.  ("Magnetic North" or the "Company") is providing this bi-weekly update on the status of the management cease trade order granted on May 7, 2024 (the "MCTO") by its principal regulator, the Alberta Securities...

at 11:25
The CSL Group ("CSL"), a global leader in sustainable marine transportation solutions, today unveiled its 2023 Corporate Sustainability Report, reflecting its commitment to transparency and accountability in environmental, social, and governance...



News published on and distributed by: