Investment Highlights

Attractive and Stable Yield

  • The REIT intends to pay stable and growing monthly cash distributions
  • Annual distribution of $0.775 per unit, based on an AFFO payout ratio of 90%

Diversified Portfolio and Platform for Future Growth

  • Diversified portfolio of income-producing office, industrial and retail properties in the U.S. and Canada

High-Quality Tenant Profile

  • Well-diversified tenant profile reflecting an attractive mix of national, regional and local tenants
  • Large percentage of tenants with an investment grade rating, including Shoppers Drug Mart, IBM Canada and Health Care Service Corporation

Opportune Time to Invest in U.S. Commercial Real Estate

  • Currently, management believes there is a compelling opportunity to acquire commercial real estate in the United States
  • Large number of major markets, attractive relative valuations, and positive U.S. real estate fundamentals.

Track Record and Experience of Management and the Board

  • The REIT is externally managed by ACPI
  • Talented team of senior professionals with extensive experience in asset management, property management, acquisitions, dispositions, financing and leasing
  • Senior management has over 100 years of combined real estate experience
  • Cross-border expertise and extensive relationship network
  • Majority-independent Board of Trustees with extensive experience in the real estate industry, governance, tax and audit matters

Alignment of Interests

  • Base management fee of 40bps of gross book value
  • Will not charge any acquisition, disposition, financing, leasing, construction or development fees
  • Incentive fees based on AFFOPU and unit price growth which aligns ACPI’s interests with those of Unitholders
  • ACPI has a material ownership in the REIT