League Assets Corp.

League Assets Corp.

December 22, 2008 12:02 ET

League Assets Launches Charitable Foundation With $200,000 Contribution to Victoria Housing Society

VICTORIA, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) - Staff and founders of Victoria's League Assets Corp., proudly join in announcing a gift of $200,000 to the Greater Victoria Housing Society as the inaugural donation by the newly-formed League Foundation - the newly formed philanthropic arm of League Assets.

At the same time, the new Foundation will top up the funding League Assets has already provided to Absolute Leadership, to a total of $205,000.

The League Foundation's principal objective is to tackle housing issues and poverty around the world.

"Because our business is real estate investment and development, supporting these organizations is a perfect fit for us," says Adam Gant, League co-founder and CEO.

Since 1956, the Greater Victoria Housing Society (www.greatervichousing.org) has dedicated itself to providing affordable rental housing for seniors, families, and persons with disabilities.

Absolute Leadership Development (www.absolute.org) works to empower emerging generations to live with purpose and effect change in their world. League's focus in working with Absolute Leadership is to support opportunities for Canadians students to volunteer and assist with housing-creation projects in the developing world.

The League Foundation supports these two organizations in adherence to the League Credo:

We must all do our part to ensure that future generations inherit from us a world that is cleaner, safer, and happier than the one we know now. To these ends, we will continually invest a portion of our time, our expertise, and our capital in the improvement of human civilization by partnering with individuals and organizations whose vision and values align with our own and whose mission is to improve the quality of human life.

League Assets Corp., manages the IGW REIT, one of North America's fastest growing private Real Estate Investment Trusts. The REIT comprises a portfolio of Canadian commercial and retail properties with assets now surpassing $300 million. The trust exists to find, acquire, improve, and manage the most profitable real estate properties across the nation, and to offer these opportunities to like-minded investors - referred to by League as its Member-Partners.

Profit Magazine ranked League ninth among the "Top 50 Emerging Growth Companies" in Canada for the year ending March 31, 2008. The company is also highly regarded for its commitment to sustainability and corporate philanthropy. A full information package is available in League's free "The Blue Book of Real Estate Syndication".

Company backgrounder: www.league.ca/pdf/league_backgrounder.pdf

Corporate Philanthropy: www.league.ca/pdf/league-corporate-philanthropy.pdf

Case Studies: www.league.ca/pdf/league-case-studies.pdf

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