Boulevard Industrial Real Estate Investment Trust

April 04, 2014 10:52 ET

Boulevard Industrial Real Estate Investment Trust Commences Trading on the TSX Venture Exchange and Enters Into Advisory Agreement With Spinnaker Capital Markets Inc.

TORONTO, ONTARIO--(Marketwired - April 4, 2014) -


Boulevard Industrial Real Estate Investment Trust ("Boulevard REIT" or the "REIT") (TSX VENTURE:BVD.UN) announced today that its units have commenced trading on the TSX Venture Exchange under the trading symbol, BVD.UN.

In addition, Boulevard REIT has appointed Spinnaker Capital Markets Inc. ("Spinnaker") as its capital markets and investor relations advisor pursuant to an advisory agreement. The agreement is for an initial term of 60 days from April 3, 2014 to June 3, 2014. Spinnaker's mandate will focus on developing and expanding the network of investors, analysts, and financial intermediaries who are interested in following the Boulevard REIT growth and investment story. The agreement also provides for a full range of services for a fixed work fee of $50,000. Spinnaker currently has no direct or indirect interest in any securities of the REIT, or any right or intent to acquire such an interest.

About Boulevard REIT

Boulevard REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT was established to grow and manage a portfolio of light industrial properties in primary and secondary markets in Canada. Its objectives are to generate stable cash distributions, expand the asset base of the REIT and increase distributable cash flow and enhance the value of the REIT's assets to maximize long-term unit value.

About Spinnaker

Spinnaker is Toronto based advisory firm which provides TSX and TSX.V listed companies with an array of advisory services from investor relations to strategically positioning its portfolio of companies for maximum exposure amongst targeted research analysts, and retail and institutional investors. Spinnaker has long-standing relationships with Canadian, American and European investment banking, asset management and retail brokerage firms with focus on the small to mid capitalization market segment.

The TSXV has in no way approved or disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Boulevard Industrial Real Estate Investment Trust
    Scott Hayes
    Chief Executive Officer
    (647) 795-8629

    Spinnaker Capital Markets Inc.
    Ali Mahdavi
    Managing Director
    (416) 962-3300