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 93 investment properties, which are located in Quebec, Ontario and Nova Scotia provinces. 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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Post by muley1on Apr 18, 2010 11:44pm

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Post# 17005495

Director?

I will assure you I am not a director of NET or any other company. I happen to beleive in the potential of this company however like many of you are concerned with the present state of affairs. No the private placement has not closed and I do not beleive it will. As I have said in one of my earlier postings the company is looking at other options at this time. This comes from discussions with RS. This could come in the form of funds from a large investor or simply directors/management putting in their own funds to get the drilling started. One way or another this project will see drills turning , good luck to all longs!

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