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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: csm who wrote (4459)	10/7/2002 11:29:41 PM
From: trustmanic	Read Replies (1) \| Respond to of 11633

TGS North American Real Estate Investment Trust Company Profile Filing Date : 10/3/2002 Offering : TBD Price : Cdn.$10.00 Per Unit Closing Date : TBD Exchange : TSX Eligibility : Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon Territory, Nunavut Underwriters : RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., National Bank Financial Inc., Raymond James Ltd., Desjardins Securities Inc. Associations : Issuer's Law Firm : Borden Ladner Gervais LLP Underwriter's Law Firm : Felesky Flynn Auditor : Deloitte & Touche LLP Transfer Agent : Computershare Trust Company of Canada Business Description : TGS North American Real Estate Investment Trust is an unincorporated, open-end limited purpose real estate investment trust formed to invest in office, retail and industrial real estate located in western North America. The REIT offers investors the opportunity to make tax-efficient investments in income-producing properties located in high growth regions. Initially, six of the REIT's properties will be located in the western United States (in the greater Denver and Dallas areas and Houston), representing approximately 88.1% of the value of the REIT's Initial Properties (based on the mid-point of the appraised value of the Initial Properties). The remaining four properties will be located in western Canada (in Calgary and the greater Edmonton area), representing approximately 11.9% of the appraised value of the Initial Properties. Target markets for future real property acquisitions by the REIT will also include Phoenix, Las Vegas and Vancouver. TGS/Harvard Property Management Ltd. and its U.S. affiliate, TGS/Harvard Management Services LLC, will provide property management services to the REIT's portfolio of properties, other than the Silverthorne Factory Stores (which will be managed by SFS Management, a company which will be owned as to 30% by the REIT). Industry Category : Trust Units, Real Estates Company Financials : Fiscal Year-End : December 31 Financials : Revenue for the 6 months ended June 30, 2002 - US$6,276,000 Net income for the 6 months ended June 30, 2002 - US$1,166,000 Revenue for the year ended December 31, 2001 - US$13,010,000 Net loss for the year ended December 31, 2001 - US$(10,166,000)