TORONTO, ONTARIO--(Marketwire - April 29, 2011) -InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) will release its first quarter results on Friday, June 3rd, 2011 to be followed by a conference call at 11:00 am Eastern Time. Participating on the call will be members of InnVest senior management.
Investors are invited to access the call by dialing 416-340-2216 or 1-877-240-9772. You will be required to identify yourself and the organization on whose behalf you are participating. A recording of this call will be made available June 3rd, beginning at 1:00 pm through to 11:59 p.m. on June 17th. To access the recording please call 905-694-9451 or 1-800-408-3053 and use the reservation number 2565278#.
TRUST PROFILE
InnVest Real Estate Investment Trust (the "REIT") is an unincorporated open-ended real estate investment trust which owns a portfolio of 144 hotels across Canada representing approximately 19,000 guest rooms operated under internationally recognized brands. The REIT leases its hotels to InnVest Operations Trust ("IOT"), a taxable investment trust. IOT indirectly holds all of the hotel operating assets, earns revenues from hotel customers and pays rent to the REIT. IOT also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada, and earns revenues from franchising fees.
Each issued and outstanding REIT unit trades together with a non-voting unit of IOT as a "stapled unit" on the Toronto Stock Exchange (the "TSX") under the symbol INN.UN. InnVest REIT's convertible debentures trade on the TSX under the symbols INN.DB.B, INN.DB.C, INN.DB.D, INN.DB.E and INN.DB.F.