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Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s):  IVREF

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust (REIT). The Company is formed for the purpose of acquiring and owning office properties primarily situated in France, Germany, and Spain. The REIT properties are strategically situated in urban areas, generally in close proximity to public transportation. Its France properties include Gaia, Arcueil, Delizy, Metropolitan, Sabliere, and Baldi. Its Germany properties include Trio, Kosching, Neu Isenburg, Stuttgart, Bad Homburg, and Duisburg. Its Spain property is Delgado. The INOVALIS S.A. acts as the manager of the REIT.


TSX:INO.UN - Post by User

Comment by BlueJay2020on Dec 16, 2024 9:17pm
54 Views
Post# 36365396

RE:special distribution

RE:special distributionIt's for tax compliance - as a REIT they have to distribute a certain amount of taxable income.  This will relate to Sablieres.  Not good if you hold in a non-registered account, as it will result in you paying tax at your marginal rate.
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