May 2, 2008 Announcement

KingSett Sells 4500 rue Cousens, St. Laurent

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 2, a 100% interest in 4500 rue Cousens, a 98,000 square foot industrial building located in Ville St. Laurent, Quebec.

April 30, 2008 Announcement

KingSett Acquires 1590 South Gateway, Mississauga, Ontario

KingSett Capital announced today that it has acquired for its Canadian Real Estate Income Fund LP, a 100% interest in 1590 South Gateway. This 195,322 square foot, single tenant industrial building, which includes 34,500 square feet of office space, is located in Mississauga, Ontario.

March 19, 2008 Announcement

KingSett Sells 55 Horner Avenue, Toronto

KingSett Capital announced today that it has sold its interest in 55 Horner Avenue on behalf of its Real Estate Growth LP No. 2. This 93,000 square foot, industrial/office building is located in south Etobicoke.

March 19, 2008 Announcement

KingSett Sells 5900 Finch Avenue, Toronto

KingSett Capital announced today that it has sold 5900 Finch Avenue East, an office/industrial space, on behalf of its Real Estate Growth LP No. 1.

January 23, 2008 Announcement

KingSett Sells 8800 Glenlyon Parkway, Burnaby

KingSett Capital announced today that it has sold on behalf of its Real Estate Growth LP No. 2, 8800 Glenlyon Parkway, a 141,284 square foot office building located in the Glenlyon Business Park in south Burnaby.

January 10, 2008 Announcement

KingSett Sells 320 Matheson Boulevard West

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 2, 320 Matheson Blvd. West, a 90,900 square foot office building located in Mississauga.

December 6, 2007 Announcement

KingSett Acquires 101 Bloor Street West

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 3, a 100% interest in 101 Bloor Street West. This 140,600 square foot office building, which includes 8,700 square feet of ground floor retail space, is located in mid-town Toronto.

October 15, 2007 Announcement

KingSett Acquires Lethbridge Centre, Lethbridge

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 3, a 50% interest in Lethbridge Centre, a 459,000 square foot urban mixed-use development located in downtown Lethbridge, Alberta.  This project is a joint venture with Melcor Developments Ltd.

Property management will be assumed by NewWest Enterprise.


October 1, 2007 Announcement

KingSett Advises on Sale Leaseback of 3.6 Million sf North American Cold Storage Portfolio

KingSett Capital announced today that Eimskip Atlas Canada, Inc., a wholly owned subsidiary of Iceland’s Hf. Eimskipafelag Islands, has sold and subsequently leased-back, a portfolio of 23 cold storage facilities located throughout North America, comprising 3.6 million square feet. The net proceeds were used by Eimskip to repay Senior Lenders and KingSett’s acquisition debt incurred in connection with its acquisition of Atlas Cold Storage in November of 2006. KingSett Capital worked with RBC and CBRE to structure and implement this transaction for Eimskip.


October 1, 2007 Announcement

KingSett Sells 2233 Sheppard Avenue West and 700 Clayson Road, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, an industrial portfolio located at 2233 Sheppard Avenue West and 700 Clayson Road, Toronto.


September 11, 2007 Announcement

KingSett Sells 44 Capital Boulevard, Edmonton

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, a 100% interest in 44 Capital Boulevard, Edmonton.


August 2, 2007 Announcement

KingSett Sells Millstream Village Shopping Centre, Victoria, BC

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 2, its 100% interest in Millstream, a 259,300 square foot retail power centre to GWL Realty Advisors Inc. on behalf of Canadian Real Estate Investment Fund No. 1 and London Life Real Estate Fund 2.


August 2, 2007 Announcement

KingSett Finances Privatization of Versacold Income Fund

KingSett Capital announced today that it has structured and financed the $1.2 billion privatization of Versacold Income Fund by Eimskip Holdings Inc., a wholly-owned subsidiary of Iceland’s Hf. Eimskipafelag Islands (Eimskip).  Vancouver based Versacold Income Fund is one of the largest public cold storage warehouse operators in North America with 49 facilities in Canada and the U.S., plus an additional 23 facilities in Australia, New Zealand and Argentina.



June 12, 2007 Announcement

KingSett Acquires Interest in Independent Living Facilities in Okanagan Valley

KingSett Capital announced today that it has acquired, through its Prime Time Living LP joint-venture with Brujjon Real Estate Holdings Inc., The Orchard Valley Retirement Residence located in Vernon, BC; The Cherry Park Retirement Residence, located in Penticton, BC; and The Shores Retirement Residence located in Kamloops, BC.

Property management will be assumed by Crown Group Properties Inc.



May 29, 2007 Announcement

KingSett Acquires Multi-Residential Portfolio, Ottawa

KingSett Capital announced today that is has acquired for its Real Estate Growth LP. No. 3, a multi-residential portfolio through its joint venture with Timbercreek Asset Management. The portfolio consists of 15 properties containing 1,220 residential units.

Project management will be assumed by Timbercreek Property Management.



April 13, 2007 Announcement

KingSett Acquires Cambridge Corporate Centre Development, Cambridge

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 3, an interest in a 21 acre development project located in Cambridge, Ontario at the interchange of Hwy 401 and Townline Road.

This project is a joint venture with Belmont Equity Partners.


March 30, 2007 Announcement

KingSett Sells Station Park, London

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in Station Park, an 117,000 square foot, mixed-use development to Davpart Inc.


January 16, 2007 Announcement

KingSett Sells 225 Rexdale Blvd., Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in 225 Rexdale Blvd, a 303,724 square foot industrial building to Sun Life Assurance Company of Canada.


January 9, 2007 Announcement

KingSett Sells 30 St. Clair Avenue West, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, 30 St. Clair Avenue West, a 181,000 square foot office building located in mid-town Toronto to Dundee REIT.


January 9, 2007 Announcement

KingSett Sells 55 St. Clair Avenue West, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, 55 St. Clair Avenue West, a 254,000 square foot office building located in mid-town Toronto to Dundee REIT.


January 5, 2007 Announcement

KingSett Acquires Laval Retail Development Site, Laval , Quebec

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, a 26 acre retail power centre development site located on the east side of Highway 15 and fronting onto Boulevard Le Corbusier in Laval.

KingSett Sells 2891 Sunridge Way NE , Calgary

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 2, its interest in 2891 Sunridge Way NE, an 88,000 square foot office building located in Calgary 's Sunridge Business Park to Dundee REIT.


November 2, 2006 Announcement

KingSett Finances Privatization of Atlas Cold Storage

KingSett Capital announced today that it has structured and financed the $585 million privatization of Atlas Cold Storage by Eimskip Atlas Canada Inc., a wholly owned subsidiary of Iceland’s Avion Group. Toronto based Atlas Cold Storage is North America’s second largest public cold storage warehouse operator with 52 facilities in Canada and the U.S.


November 1, 2006 Announcement

KingSett Acquires Interest in St. Jacobs Retirement Residence

KingSett Capital announced today that it has acquired, through its PrimeTime Living LP joint-venture with Brujjon Real Estate Holdings Inc., St. Jacobs Retirement Residence, located in St. Jacobs, Ontario.

Property management will be assumed by Crown Group Properties Inc.


October 31, 2006 Announcement

KingSett Acquires Dundarave Village, Vancouver

Building on the KingSett and Vancouver Pacific relationship, VanStreet LP is pleased to announce its first acquisition of Dundarave Village, a mixed-use development site located on Marine Drive in West Vancouver.


September 11, 2006 Announcement

KingSett Capital and Vancouver Pacific form VanStreet LP

KingSett Capital and Vancouver Pacific Development Corporation announced today that they have formed a Limited Partnership to pursue retail development opportunities in Western Canada.


July 31, 2006 Announcement

KingSett Acquires 3000 Rue Cartier, Ste. Hyacinthe

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 50% interest in 3000 Rue Cartier. This 400,000 square foot industrial building is located 30 minutes outside of Montreal on the south shore.

Olymbec Investments Ltd. has acquired the other 50% interest and will provide property management and leasing services.


July 13, 2006 Announcement

KingSett Acquires 17600 Trans-Canada Highway, Kirkland, Quebec

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, 17600 Trans-Canada Highway, a 140,000 square foot industrial building for redevelopment on 500,000 square feet of land located in Kirkland, Quebec.

This project is a joint venture with the development arm of Broccolini Construction Inc. Property management, leasing and administration will be assumed by Broccolini Greenbaum Management.


July 6, 2006 Announcement

KingSett Acquires 320 Matheson Boulevard West, Mississauga

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 320 Matheson Boulevard West. This 91,000 square foot office building is located in the heart of Mississauga.

Property management will be assumed by CB Richard Ellis Limited.


June 30, 2006 Announcement

KingSett Acquires Interest in Senior and Independent Living Facilities

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, an interest in four senior housing projects in a joint venture with Retirement Life Communities. The portfolio consists of two existing facilities and two development projects located in Ontario.

Property management will be assumed by Retirement Life Communities.

June 30, 2006 Announcement

KingSett Sells Place du Canada, Montreal

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, Place du Canada, a 392,000 square foot office building located in downtown Montreal, Quebec to Credit Suisse Real Estate Fund International.

June 20, 2006 Announcement

KingSett Sells 7455-7465 Birchmount Road, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in 7455-7465 Birchmount Road, a 291,000 square foot industrial building to CREIT.

May 12, 2006 Announcement

KingSett Acquires 501 Lakeshore Road East, Mississauga

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 501 Lakeshore Road East. This 364,000 square foot, industrial building located in south Mississauga was acquired with mortgage financing provided by The Equitable Trust Company.

Property management will be assumed by CB Richard Ellis.

May 8, 2006 Announcement

KingSett Acquires Interest in Senior and Independent Living Facilities

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 50% interest in four senior housing projects in a joint venture with Brujjon Real Estate Holdings, through a newly formed entity, PrimeTime Living Limited Partnership. The portfolio consists of one existing and three development facilities located in Ontario and B.C.

Property management will be assumed by Crown Group Properties Inc.

April 7, 2006 Announcement

KingSett Acquires 555 Avenue Lee, Montreal

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 555 Avenue Lee. This 210,000 square foot industrial property is located in Baie D'Urfe, Quebec.

Property management and leasing will be assumed by Colliers.

March 28, 2006 Announcement

KingSett Sells 165 Bethridge Road, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in 165 Bethridge Road, an 111,000 square foot industrial building in Toronto.

March 2, 2006 Announcement

KingSett Sells Palliser Square, Calgary

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, Palliser Square, a 613,000 square foot office/retail complex and the Calgary Tower located in downtown Calgary, Alberta to Palliser Square Limited Partnership.


January 20, 2006 Announcement

KingSett Sells 34th Street Business Centre, Edmonton

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in 34th Street Business Centre, a 143,000 square foot suburban office property in Edmonton to London Life Insurance Company.

KingSett Acquires Millstream Village Development, Victoria

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in Millstream Village. This 264,000 square foot, retail power center under development in the Langford area of Victoria was acquired with construction financing provided by Royal Bank.

Vancouver Pacific Development Corporation is acting as development and leasing manager.


November 4, 2005 Announcement

KingSett Acquires 725-747 Monaghan Road, Peterborough

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 725-747 Monaghan Road. This 274,000 square foot, industrial building is located adjacent to Lansdowne Place shopping mall.

Property management will be assumed by 20 Vic.


August 26, 2005 Announcement

KingSett Acquires 4500 rue Cousens, St. Laurent

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 4500 rue Cousens. This 98,000 square foot industrial building located in Ville St. Laurent, Quebec was acquired with mortgage financing provided by TD.

Property management will be assumed by Arcturus Realty Corporation with leasing services supplied by Colliers.


August 24, 2005 Announcement

KingSett Acquires 55 Horner Avenue, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, 55 Horner Avenue in a joint venture with Gibbs Enterprises Ltd. This 93,000 square foot, industrial/office building is located in south Etobicoke.

Property management and leasing will be assumed by CB Richard Ellis.


August 19, 2005 Announcement

KingSett Acquires 111 Grangeway Avenue, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 111 Grangeway Avenue. This 76,000 square foot, office building located in the heart of Scarborough 's shopping and business district was acquired with mortgage financing provided by GMAC.

Property management will be assumed by Compass Commercial Realty with leasing services supplied by CB Richard Ellis.


June 30, 2005 Announcement

KingSett Sells Bethridge Road Properties, Toronto

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in four industrial buildings on Bethridge Road and a retail property on Rexdale Boulevard to various private buyers.


June 28, 2005 Announcement

KingSett Sells Place du Royaume, Chicoutimi

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, Place du Royaume, a 600,000 square foot regional shopping centre located in Chicoutimi, Quebec to Primaris Retail REIT.


June 16, 2005 Announcement

KingSett Acquires 8800 Glenlyon Parkway, Burnaby

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 8800 Glenlyon Parkway. This 141,284 square foot office building located in the Glenlyon Business Park in south Burnaby was acquired with mortgage financing provided by a major institutional investor.

Property management will be assumed by Colliers.


June 3, 2005 Announcement

KingSett Acquires Norelco Industrial Portfolio, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 20 Norelco Drive, 40 Norelco Drive and 83 Signet Drive. This 624,786 square foot industrial property is located on the west side of highway 400, just north of Finch.

Property management will be assumed by Arcturus Realty Corporation.


June 1, 2005 Announcement

KingSett Sells Joffre Place, Calgary

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in Joffre Place, a 104,000 square foot office building in Calgary to Dundee REIT.


April 29, 2005 Announcement

KingSett Acquires 2891 Sunridge Way NE, Calgary

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, 2891 Sunridge Way NE in a joint venture with Citium Enterprises. This 91,000 square foot office building located in Calgary 's Sunridge Business Park was acquired with mortgage financing provided by GE.

Property management will be assumed by NewWest Enterprise and leasing services supplied by Avison Young.


April 18, 2005 Announcement

KingSett Acquires 130 Bloor Street West, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 2, a 100% interest in 130 Bloor Street West. This 191,000 square foot, mixed-use building located in Toronto's Yorkville node was acquired with mortgage financing provided by Manulife.

Property management will be assumed by Canderel Stoneridge Equity Group Inc. with office leasing services supplied by CB Richard Ellis.


March 18, 2005 Announcement

KingSett Acquires 150 Montreal-Toronto Blvd., Montreal

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, 150 Montreal-Toronto Blvd. in a joint venture with I.G. Realty Investments Inc. This 869,000 square foot industrial building located in the Lachine Borough of Montreal was acquired with mortgage financing provided by RBC Capital Markets.

Property management will be assumed by Arcturus Realty Corporation and leasing services supplied by Giffels Management Limited.


March 1, 2005 Announcement

KingSett Acquires 6767 Leger Boulevard, Montreal

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, a 50% interest in 6767 Boulevard Leger. This 474,000 square foot industrial building is located in Montreal-Nord.

Olymbec Investments Ltd. has acquired the other 50% interest and will provide property management and leasing services.


March 1, 2005 Announcement

KingSett Acquires 5760-9th Street SE, Calgary

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, 5760-9th Street SE in a joint venture with Citium Enterprises. This 177,000 square foot industrial building located in Calgary 's central industrial district was acquired with mortgage financing provided by Manulife.

Property management will be assumed by Humford Management Inc. with leasing services supplied by Colliers.


February 4, 2005 Announcement

KingSett Acquires Terrarium Shopping Centre, Pointe Claire

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, an 80% interest in Terrarium Shopping Centre, Pointe Claire, Quebec. The 333,000 square foot property, anchored by Zellers, is primarily retail combined with 57,000 square feet of low-rise office. Mortgage financing was provided by Standard Life Assurance Company and GMAC Commercial Mortgage of Canada, Limited.

Abacus Real Estate Investments Ltd., an affiliate of the other co-owner, will provide leasing and development services for the planned redevelopment.

Property management will be provided by Arcturus Realty Corporation.


January 31, 2005 Announcement

KingSett Acquires Petroleum Plaza, Edmonton

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, a 100% interest in Petroleum Plaza. This 305,000 square foot, 14-storey office building located near the Alberta Legislature in Edmonton was acquired with mortgage financing provided by a major institutional investor.

NewWest Enterprise will manage and lease the project.


January 13, 2005 Announcement

KingSett Sells Edmonton Sun Building, Edmonton

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in the Edmonton Sun Building, a 206,000 square foot suburban office property in Edmonton to Berezan Investments Inc.

KingSett Sells ParkWest Business Centre, Edmonton

KingSett Capital announced today that it has sold, on behalf of its Real Estate Growth LP No. 1, its interest in ParkWest Business Centre, a 154,000 square foot suburban office property in Edmonton to the Standard Life Assurance Company.


October 4, 2004 Announcement

KingSett Acquires Rexdale Industrial Portfolio, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, a 50% interest with Clarke Inc. in seven industrial buildings and a retail pad site on Rexdale Boulevard and Bethridge Road with mortgage financing by RBC Capital Markets. The properties consist of a new state of the art 304,000 square foot high cube facility with the remaining being single tenant industrial buildings ranging in size from 40,000 to 141,000 square feet.

Property management and leasing will be assumed by Arcturus Realty Corporation.


October 1, 2004 Announcement

KingSett Acquires Station Park, London

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, Station Park, in a joint venture with ICORR Properties Management Inc. This 117,000 square foot, mixed-use development located in London 's “Richmond Row” midtown shopping and business district was acquired with mortgage financing by Merrill Lynch.

ICORR Properties Management Inc. will assume property management and leasing.

September 1, 2004 Announcement

KingSett Acquires Lansdowne Place, Peterborough

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, Lansdowne Place. This 168,406 square foot enclosed, split-level mall centrally located at the corner of Lansdowne and Monaghan was acquired with mortgage financing by RBC Capital Markets and Great West Life.

Property management and leasing will be assumed by 20 Vic.

July 8, 2004 Announcement

KingSett Acquires 2233 Sheppard Avenue West, Toronto

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, 2233 Sheppard Avenue West. This 1,123,039 square foot industrial/retail building is located at Highway 400 and Sheppard Avenue with Airport and 400 series highways within close proximity. The property includes 16 acres of additional development land. Mortgage financing was provided by GE.

Property management will be assumed by Arcturus Realty Corporation.

June 10, 2004 Announcement

KingSett Acquires Joffre Place, Calgary

KingSett Capital announced today that it has acquired for its Real Estate Growth LP No. 1, Joffre Place, in a joint venture with Lotus Pacific Holdings. This 104,000 square foot, 6-storey office building located in Calgary's beltline district just south of the city's downtown core was acquired with mortgage financing arranged through Merrill Lynch.

Lotus Pacific Holdings, whose principal is Shenoor Jadavji, will be the asset manager, CB Richard Ellis will be the property manager and leasing will be done by Colliers.

May 5, 2004 Announcement

KingSett Acquires 30 St. Clair Avenue West, Toronto

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in 30 St. Clair Avenue West . This 181,000 square foot 17-storey office building located in mid-town Toronto was acquired with mortgage financing provided by Manulife.

Property management will be assumed by Arcturus Realty Corporation with leasing services supplied by CB Richard Ellis.

March 17, 2004 Announcement

KingSett Acquires Palliser Square, Calgary

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in Palliser Square. Palliser Square is comprised of One Palliser Square, a 369,000 square foot office building, Tower Centre a 244,000 square office/retail building, a 1,374 stall parkade and the 626-foot high Calgary Tower. Palliser Square is located in downtown Calgary and mortgage financing was provided by GE.

Property management and leasing will be assumed by Bentall Real Estate Services.

KingSett Acquires 5900 Finch Avenue, Toronto

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in 5900 Finch Avenue East, a fully leased office/industrial building. Mortgage financing was provided by GE for this 166,000 square foot building.

Property management will be assumed by Arcturus Realty Corporation.


October 31, 2003 Announcement

KingSett Acquires 55 St. Clair Avenue West, Toronto

KingSett Capital announced today that is has acquired, for its Real Estate Growth LP No. 1, a 100% interest in 55 St. Clair Avenue West. This 254,000 square foot 9-storey office building located in mid-town Toronto was acquired with mortgage financing provided by GE.

Property management will be assumed by Arcturus Realty Corporation and leasing services supplied by CB Richard Ellis.

October 1, 2003 Announcement

KingSett Acquires 7455-7465 Birchmount Road, Toronto

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a two-thirds interest in 7455-7465 Birchmount Road, a fully leased industrial building, leased by Autoliv Electronics Canada Inc. and KingSett's one-third partner, Belle-Pak Packaging Inc. This 291,000 square foot, industrial building was acquired by KingSett and its partner with mortgage financing provided by Maritime Life.

Property management will be assumed by O&Y Enterprise.

August 22, 2003 Announcement

KingSett Acquires 44 Capital Boulevard, Edmonton

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in 44 Capital Boulevard. This 375,000 square foot, Class A office building, located in the heart of Edmonton's government district, was acquired with mortgage financing provided by Maritime Life.

Property management will be assumed by NewWest Enterprise and leasing services supplied by Avison Young.

August 21, 2003 Announcement

KingSett Acquires Place du Royaume

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in Place du Royaume with mortgage financing provided by CDP Capital.

Place du Royaume is a 600,000 square foot regional shopping centre located in Chicoutimi, Quebec and is the leading centre in the Saguenay trade area. Anchored by Wal-Mart, the Bay and Canadian Tire, other key tenants include Future Shop, Sports Experts and Pharmaprix.

20 Vic will assume the property management and leasing consistent with the Strategic Alliance announced in March 2003.

August 13, 2003 Announcement

KingSett Acquires Place du Canada, Montreal

KingSett Capital announced today that it has acquired, for its Real Estate Growth LP No. 1, a 100% interest in Place du Canada, 1010 de la Gauchetiere West. The 392,000 square foot office building located in downtown Montreal was acquired with mortgage financing provided by CDP Capital.

Property management and leasing will be done by Canderel Management.

June 9, 2003 Announcement

KingSett Capital and Citium Enterprises acquire 500,000 square foot Edmonton Portfolio

KingSett Capital today announced it has acquired a 500,000 square foot portfolio of suburban office and commercial properties in Edmonton in a joint venture with Citium Enterprises. The portfolio, acquired from two vendors, includes the ParkWest Business Centre, the Edmonton Sun Building and the 34th Street Business Centre.

Citium Enterprises, whose principal is Peter Stevenson, will be the asset manager, Humford Management Inc. will be the property manager and leasing will be done by Royal LePage for the ParkWest Business Centre and the Edmonton Sun Building and NAI Realty will be responsible for the 34th Street Business Centre.

March 24, 2003 Announcement

KingSett Closes Mezzanine Loan

KingSett Capital today announced it closed a mezzanine loan to NWVP (1980 Matheson) Holdings Ltd. secured by the property at that location in Toronto. 1980 Matheson is a 155,000 square foot property recently acquired by NorthWest Value Partners Inc. who has effected the lease-up and is in process of completing the necessary work to facilitate its new tenants to move-in. KingSett looks forward to expanding its relationship with NorthWest in the months ahead.

March 7, 2003 Announcement

KingSett Capital and 20 Vic strike Strategic Alliance to pursue Retail Opportunities

KingSett Capital and 20 Vic have formed a Strategic Alliance to pursue a retail investment strategy, where they intend to work together to primarily pursue acquisitions of strong regional shopping centres in mid-tier and secondary Canadian markets. The venture will target investments in enclosed shopping centres of 400,000 to 800,000 square feet of GLA where a focused leasing strategy combined with strategic capital enhancements can effect significant income growth.

The alliance was struck to combine KingSett’s capital base and investment expertise with 20 Vic’s leading leasing, development and operating expertise in creating value in enclosed shopping centres.