AGELLAN COMMERCIAL REIT

TORONTO, ON

CATEGORY
PUBLIC MARKETS

Agellan Commercial REIT (Agellan) invests in income producing properties in the United States and Canada, primarily in industrial, office showroom and office assets. Elad Canada is currently Agellan’s largest unitholder.

Realizing the potential of the REIT and the fact that it was undervalued in the market, Elad Canada purchased units in Agellan through various off market and market opportunities, starting in September 2016 and is currently the largest unit holder.

Elad Canada plans to use its diverse expertise in the real estate market to positively impact the value of the REIT and returns to shareholders.