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Canadian Net Real Estate Investment Trust V.NET


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

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

Post by ZeroZeroon Jun 10, 2010 8:39pm
477 Views
Post# 17179221

What a Disaster !

What a Disaster !

This has proven an absolute disaster  for me!  I am kicking myself.

Upon doing dd, I found out that the CEO is involved in another Venture Company WDG.

Alexander Helmel, BSc, CISA, has been the President of Network Exploration Ltd. since March 1, 2006 and has been its Chief Executive Officer since August 27, 2007. Mr. Helmel has been the Chief Executive Officer and President of Rara Terra Capital Corp. since December 21, 2009 and has been its Director since December 18, 2009. He has over 12 years experience managing and consulting for small and medium sized corporations. He has experience preparing and analysing financial statements for both budgeting and accounting purposes and is familiar with internal controls and procedures related to the preparation of financial statements. He has been Director of Network Exploration Ltd. since March 1, 2006 and 99 Capital Corporation since April 6, 2010. Mr. Helmel obtained his Bachelor of Science degree in Mathematics from the University of British Columbia in 1994 and obtained his Certified Information Systems Auditor (CISA) designation in 2006.

Do your own dd.



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