INOVALIS REAL EST.INV.TR.

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced the signing of an exchange contract for the sale of 87.5% of the Arcueil property to two parties for €37.5 million ($56.5 million) which reflects, on a pro-rated basis, 100% of the property's appraised value of €45.0 million ($67.8 million) as set forth in the Q3 unaudited Financial Statements of the REIT. The sale is conditional upon the satisfaction of certain conditions including the is.» Mehr auf businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that its Board of Trustees has declared a special distribution of $0.225 per Unit. The distribution will be payable in Units to Unitholders of record as at December 31, 2024. The special distribution will be made to distribute to Unitholders the taxable income realized by the REIT from transactions completed during the year ended December 31, 2024. The special distribution will be paid at.» Mehr auf businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced the signing of an exchange contract for the sale of the Sablière property to a third party for €18.2 million ($26.4 million). The expected net proceeds of approximately €8.9 million ($13.0 million) will be used for capital expenditures relating to the re-positioning and/or re-development of currently owned properties and reducing the REIT's indebtedness. The closing of the transaction is s.» Mehr auf businesswire.com