League Assets Corp.

League Assets Corp.

October 08, 2009 18:42 ET

League Welcomes Walmart and Cineplex Odeon as Eagle Landing Anchors

VICTORIA, BRITISH COLUMBIA--(Marketwire - Oct. 8, 2009) - League Assets Corporation - the world's Intergenerational Wealth(TM) Institution - announced today that Walmart Canada and Cineplex Odeon will be the lead anchors at the Eagle Landing Retail Centre, in Chilliwack, BC.

Construction of the more than 150,000-square foot Walmart - that will be the cornerstone of future development on the south side - which will begin shortly and is expected to be completed by Christmas 2010.

Construction of the approximately 30,000 square foot Cineplex Odeon movie theatre is expected to begin next spring and will become Eagle Landing's entertainment focal point. The Eagle Landing Retail Centre is a limited partnership between League Assets Corp. and the Squiala First Nation.

"This is absolutely great news for League, for our partners, the Squiala First Nation and for the people of Chilliwack," said League's Founding Partner Emanuel Arruda. "We are thrilled to have Walmart and Cineplex Odeon on board as our lead anchors. We look forward to a long and fruitful relationship with both of them."

"What also makes this special news is that it marks the first time that we're making the investment overview for this and other of League's limited partnerships available for viewing by Member-Partners on our secure website at http://investments.league.ca," said Mr. Arruda. This new investment portal will make it even easier for investors to find the information they need, when they need it.

Victoria, BC-based League Assets Corp. manages the IGW REIT, one of North America's fastest-growing private Real Estate Investment Trusts, comprising a portfolio of Canadian commercial, industrial, multi-family residential properties with combined assets approaching $350 million. The IGW REIT exists to find, acquire, improve, and manage real estate properties on behalf of its 1,700 Member-Partners. Combined with its other investment pools, League is currently managing and developing assets with approximate build-out values totaling $2 billion.

For more information, download The Blue Book of Real Estate Syndication and read the Company Backgrounder at www.league.ca.

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