Current investments
Charter REIT
“C.A. Bancorp’s investment in Charter REIT returns monthly distributions plus the opportunity for future capital gains, while our management contract with Charter REIT generates recurring annual asset management fees and acquisition fees on all property acquisitions.”
Charter REIT is focused on acquiring a portfolio of retail and mixed-use retail real estate comprised of stable cash flow and value-add properties from both primary and secondary markets throughout Canada, with the principal goal of generating a reliable and growing yield for its unitholders. The management team has experience in all facets of the commercial real estate industry, including acquisitions, asset management, financing, leasing and development, as well as significant experience in capital markets.
ASSET CLASS: Real estate
OVERVIEW: C.A. Bancorp owns approximately 33% of the outstanding units of Charter REIT
RATIONALE: C.A. Bancorp provided sponsor capital to establish Charter REIT, a junior real estate investment trust focused in the Canadian retail real estate market. As manager of Charter REIT, the investment offers a unique opportunity for C.A. Bancorp to generate a significant return on investment from accretive acquisitions of quality, cash flow generating properties.
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