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Inovalis Actual Property Funding Belief Publicizes Amended and Restated Administration Settlement

TORONTO, March 29, 2023–(BUSINESS WIRE)–Inovalis Actual Property Funding Belief (the “REIT”) (TSX: INO.UN) in the present day introduced that the Board of Trustees of the REIT has authorized a three-year extension of the present administration settlement between the REIT and Inovalis S.A. (“Inovalis SA” or the “Supervisor”) by the use of an amended and restated administration settlement to be efficient April 1, 2023.

The next modifications have been authorized within the amended and restated administration settlement:

  • Time period: The extension is fastened for 3 (3) years ending on March 31, 2026.

  • Disposition Charges: Disposition charges are now not contingent on whether or not the online proceeds of any sale or disposition are paid as a particular distribution to Unitholders.

  • Ongoing Curiosity: Relatively than make an funding within the particular person properties owned by the REIT, always through the time period of the Settlement, Inovalis SA and any of its administrators and officers, collectively shall personal that variety of Belief Items (together with Exchangeable Securities on an “as transformed foundation”) having an combination worth equal to no less than 10% of the fairness worth of the REIT (until in any other case agreed by Inovalis SA and the REIT).

Causes for Modifications to Settlement

The unbiased trustees thought-about numerous elements in recommending the extension of and modifications to the settlement, together with the important thing causes set forth beneath:

  • To make sure the engagement of administration throughout unsure market circumstances to execute on the REIT’s present technique of disposing of non-core belongings and buying the non-owned portion of three way partnership belongings, the place acceptable.

  • To permit the REIT to reinvest capital so as to execute on its acquisition technique.

  • To proceed to make sure the alignment of pursuits of the Supervisor and Unitholders by having Inovalis SA and any of its administrators and officers preserve a ten% fairness curiosity within the REIT and proceed the joint dedication to managing prices.

A full copy of the Fifth Amended and Restated Administration Settlement will probably be obtainable on

About Inovalis REIT

Inovalis REIT is an actual property funding belief listed on the Toronto Inventory Change in Canada. It was based in 2013 by Inovalis and invests in workplace properties in main markets of France, Germany and Spain and holds 13 belongings. Inovalis REIT acquires (not directly) actual property properties through CanCorpEurope, licensed Various Funding Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A.

About Inovalis Group

Inovalis S.A. is a French Various Funding fund supervisor, licensed by the French Securities and Markets Authority (AMF) underneath AIFM legal guidelines. Inovalis S.A. and its subsidiaries (Advenis S.A., Advenis REIM) spend money on and handle Actual Property Funding Trusts akin to Inovalis REIT, open ended funds (SCPI) with steady actual property focus akin to Eurovalys (for Germany) and Elialys (Southern Europe), Non-public Thematic Funds raised with Inovalis companions to spend money on outlined actual property methods and direct Co-investments on particular belongings

Inovalis Group (, based in 1998 by Inovalis SA, is a longtime pan European actual property funding participant with EUR 7 billion of AuM and with workplaces in all of the world’s main monetary and financial facilities in Paris, Luxembourg, Madrid, Frankfurt, Toronto and Dubai. The group is comprised of 300 professionals, offering Advisory, Fund, Asset and Property Administration companies in Actual Property in addition to Wealth Administration companies.

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For additional data, please contact:

David Giraud, Chief Government Officer
Inovalis Actual Property Funding Belief
Tel: +33 1 5643 3323

Khalil Hankach, Chief Monetary Officer
Inovalis Actual Property Funding Belief
Tel:+33 1 5643 3313


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