Canadian Net Real Estate Investment Trust V.NET

Primary Symbol: V.NET.UN Alternate Symbol(s): CNNRF

Real Estate REIT - Diversified

Canadian Net Real Estate Investment Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns and rents commercial real estate properties directly, through its wholly owned subsidiaries and joint ventures. The Trust operates in one segment, commercial real estate located in Canada. The Trust holds approximately 101 investment properties, 83 residing in the province of Quebec, nine in the province of Ontario and nine in the province of Nova Scotia. The properties are occupied by four distinct groups of tenants composed of retailers, national service station and convenience store chains, quick-service restaurant chains, and others. The Trust's properties include 40-50 Brunet Street, 230 St-Luc Blvd, 196 Hotel-de-Ville Blvd, 1349-1351 Road 117, 275 Barkoff Street, 530 Barkoff Street, 340-344 Montee du Comte, 1440-50 St-Laurent East Blvd, 1460 St-Laurent East Blvd, 7335 Guillaume Couture Blvd, 4200 Bernard-Pilon Street and others.

TSXV:NET.UN - Post by User

Canadian Net Real Estate Investment Trust

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Comment by buygold69on Nov 16, 2007 7:34am

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Post# 13817893

RE: NEWS OUT

Pistala is scheduled to start phase 1 Dec. 4, 2007. And we should be drilling Caldera before the end of the year. I did hear that they are waiting on the drilling company right now to give them some firm dates. As you may very well know it is hard to find drillers right now and even more so in Chile. But once an agreement is reached and some dates are exchanged NET can sign off on the dotted line. They are thinking that something could be announced in the next few weeks. This is very positive news though as both properties will be in working mode. Only a matter of time now. Time to start buying more in my opinion

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