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.

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Canadian Net Real Estate Investment Trust

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Post by NobodyKnowsOneon Jul 26, 2010 1:10pm

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Post# 17297084

RE:RE:RE spoke with the office today

Maybe things are finally starting to move with this company. Again, the information I got a couple of weeks ago, with regard to drilling, was that management had forwarded funds of $100,000 to Chile in order to secure a drilling contract.. I asume this was achieved. With this news today about the closing of the PP, we should hear soon that drilling has or is about to commence.

GLTA

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