Press

CANADIAN NET REIT ANNOUNCES A NEW EQUITY INCENTIVE PLAN

 April 14, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces a new equity incentive plan (the “Equity Incentive Plan”) that further aligns executive management and unitholder interests.

CANADIAN NET REIT ANNOUNCES ITS RESULTS FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 2021, AND Q2 2022 MONTHLY DISTRIBUTIONS

 March 23, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces its results for the quarter and the year ended December 31st, 2021, and monthly distributions for the months of April, May and June 2022.

 March 21, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) is pleased to announce the acquisition of two properties located on Mellon Boulevard in the Jonquière sector of Saguenay, Qc. The first one is occupied by a grocery store operated under the IGA banner. The second one is occupied by a National Bank of Canada branch. Total consideration paid was $8,800,000 (excluding transaction costs) and was settled in cash.

CANADIAN NET REIT ANNOUNCES THE ACQUISITION OF TWO PROPERTIES IN SAGUENAY, QC

 February 28, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces the issuance of 48,100 units of the Trust at a price of $7.71 per unit, which equates to $370,851 as partial compensation for the services rendered by certain members of management and the board of trustees during the fiscal year ended on December 31st, 2021. Of those 48,100 units, 29,750 units have been issued as Deferred Trust Units.
The issuance of the units and deferred trust units of Canadian Net constitutes a portion of salaries as per the Unit Compensation Plan approved by the unitholders on April 19, 2019, and amended on May 22, 2020 and May 21, 2021.

CANADIAN NET REIT ANNOUNCES THE ISSUANCE OF UNITS FOR SERVICES RENDERED IN RELATION WITH ITS UNIT COMPENSATION PLAN

 February 10, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) today has filed and has obtained a receipt for a (final) short form base shelf prospectus (the “Shelf Prospectus”). The Shelf Prospectus was filed with the securities regulatory authorities in each of the provinces of Canada and enables Canadian Net to offer for sale and issue up to $125 million of (i) trust units of the Trust (the “Trust Units”), (ii) subscription receipts of the Trust (the “Subscription Receipts”), (iii) unsecured debt securities of the Trust (the “Debt Securities”), (iv) warrants exercisable to acquire Trust Units and/or other securities of the Trust (the “Warrants”) and (v) units comprising a combination of more than one of Trust Units, Subscription Receipts, Warrants or Debt Securities (the “Units”, and collectively with the Trust Units, the Subscription Receipts, the Debt Securities and the Warrants, the “Securities”) from time to time during the 25-month period during which the Shelf Prospectus remains valid. The specific variable terms of any offering of Trust Units, Subscription Receipts, Debt Securities, Warrants or Units will be set forth in one or more prospectus supplements.


The Shelf Prospectus will provide Canadian Net with increased financing flexibility as it pursues acquisition opportunities. The Trust has no current intention to offer Securities under the Shelf Prospectus.

CANADIAN NET REIT ANNOUNCES FILING OF FINAL BASE SHELF PROSPECTUS

 February 2, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) today has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. Once a receipt for the final short form base shelf prospectus (the “Shelf Prospectus”) has been obtained from the applicable Canadian securities regulatory authorities, this will enable Canadian Net to offer for sale and issue up to $125 million of (i) trust units of the Trust (the “Trust Units”), (ii) subscription receipts of the Trust (the “Subscription Receipts”), (iii) unsecured debt securities of the Trust (the “Debt Securities”), (iv) warrants exercisable to acquire Trust Units and/or other securities of the Trust (the “Warrants”) and (v) units comprising a combination of more than one of Trust Units, Subscription Receipts, Warrants or Debt Securities (the “Units”, and collectively with the Trust Units, the Subscription Receipts, the Debt Securities and the Warrants, the “Securities”) from time to time during the 25-month period during which the Shelf Prospectus remains valid. The specific variable terms of any offering of Trust Units, Subscription Receipts, Debt Securities, Warrants or Units will be set forth in one or more prospectus supplements.
 

The Shelf Prospectus will provide Canadian Net with increased financing flexibility as it pursues acquisition opportunities.

CANADIAN NET REIT ANNOUNCES FILING OF PRELIMINARY BASE SHELF PROSPECTUS

 February 1, 2022 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) is pleased to announce the acquisition of a 29,904 square-foot retail property in Verchères, Qc. The property is leased to a Metro grocery store, a Brunet pharmacy, and to a National Bank of Canada branch. Total consideration paid was $6,500,000 (excluding transaction costs) and was settled in cash.

CANADIAN NET REIT ANNOUNCES THE ACQUISITION OF A PROPERTY IN VERCHÈRES, QC

 December 7, 2021 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) is pleased to announce the acquisition of a 111,118 square foot standalone retail property leased to a Walmart in Collingwood, ON. Total consideration paid was $23,400,000 (excluding transaction costs) and was settled in cash.

CANADIAN NET REIT ANNOUNCES THE ACQUISITION OF A PROPERTY IN COLLINGWOOD, ON

 November 24, 2021 

Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) announces its results for the quarter ended September 30th, 2021, an increase in its per unit distributions for a 10th consecutive year, and monthly distributions for the months of January, February and March 2022.

CANADIAN NET REIT ANNOUNCES ITS RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2021, A 13% INCREASE IN ITS PER UNIT DISTRIBUTIONS FOR 2022 AND Q1 2022 MONTHLY DISTRIBUTIONS