The Trust is a growth-oriented real estate investment trust engaged in increasing Unitholder value through the acquisition, ownership, management and repositioning of strategically located, income producing, multi-residential properties.

The Trust’s primary objectives are:

  1. to provide Unitholders with stable and growing cash distributions, payable monthly and, to the maximum extent practicable, income tax deferred, from investments in a diversified portfolio of multi-residential properties;
  2. to enhance the value of the Trust’s assets and – 15 – maximize long-term Unit value through the active management of such assets; and
  3. to expand the Trust’s asset base and increase its Distributable Income through accretive acquisitions.