Avenue Living Real Estate
Opportunity Trust
(Exited – December 2023)
DIVERSIFIED REAL ESTATE OPPORTUNITIES
A fund that targeted underperforming multi-family assets paired with stable, well-tenanted commercial assets located in Alberta and Saskatchewan. The Avenue Living Real Estate Opportunity Trust successfully exited in December 2023 for a total annualized return since inception of 13.62%.
Avenue Living Real Estate Opportunity Trust (Exited – December 2023)
DIVERSIFIED REAL ESTATE OPPORTUNITIES
A fund that targeted underperforming multi-family assets paired with stable, well-tenanted commercial assets located in Alberta and Saskatchewan. The Avenue Living Real Estate Opportunity Trust successfully exited in December 2023 for a total annualized return since inception of 13.62%.
Avenue Living Real Estate Opportunity Trust (Exited – December 2023)
DIVERSIFIED REAL ESTATE OPPORTUNITIES
A fund that targeted underperforming multi-family assets paired with stable, well-tenanted commercial assets located in Alberta and Saskatchewan. The Avenue Living Real Estate Opportunity Trust successfully exited in December 2023 for a total annualized return since inception of 13.62%.
TOTAL RETURN SINCE INCEPTION
TOTAL EQUITY RAISED
1,850
MULTI-FAMILY DOORS ACQUIRED
460,000+
COMMERCIAL SQUARE FEET ACQUIRED
December 2023
EXIT DATE
Fund Returns
C$240,000
C$220,000
C$200,000
C$180,000
C$160,000
C$140,000
C$120,000
C$100,000
2016
2017
2018
2019
2020
2021
2022
2023
Annualized Returns
1 Year
9.91%
2 year
11.03%
5 year
12.60%
INCEPTION
13.62%
Note: Fund returns are based on Class A Trust Units and consider the reinvestment of all distributions. All figures are presented net of fees as at December 2023.
148.3%
TOTAL RETURN SINCE INCEPTION
$47 Million
TOTAL EQUITY RAISED
1,850
MULTI-FAMILY DOORS ACQUIRED
460,000+
COMMERCIAL SQUARE FEET ACQUIRED
460,000+
COMMERCIAL SQUARE FEET ACQUIRED
Fund Returns
C$240,000
C$220,000
C$200,000
C$180,000
C$160,000
C$140,000
C$120,000
C$100,000
2016
2017
2018
2019
2020
2021
2022
2023
Annualized Returns
1 Year
9.91%
2 year
11.03%
5 year
12.60%
INCEPTION
13.62%
Note: Fund returns are based on Class A Trust Units and consider the reinvestment of all distributions. All figures are presented net of fees as at December 2023.
148.3%
TOTAL RETURN SINCE INCEPTION
$47 Million
TOTAL EQUITY RAISED
1,850
MULTI-FAMILY DOORS
ACQUIRED
460,000+
COMMERCIAL SQUARE FEET ACQUIRED
460,000+
EXIT DATE
Fund Returns
C$240,000
C$220,000
C$200,000
C$180,000
C$160,000
C$140,000
C$120,000
C$100,000
2016
2017
2018
2019
2020
2021
2022
2023
Annualized Returns
1 Year
9.91%
2 year
11.03%
5 year
12.60%
TOTAL RETURN
13.62%
Note: Fund returns are based on Class A Trust Units and consider the reinvestment of all distributions. All figures are presented net of fees as at December 2023.
Founded in Opportunity
The Avenue Living Real Estate Opportunity Trust focuses on diversified real estate opportunities by identifying residential assets that hold potential for value enhancement. This is achieved through capital investments, active management and a range of initiatives such as suite upgrades, updated building systems and leasing programs to stabilize occupancy and boost net operating income.
Investments in this trust comprise a strategic mix of both residential and stable commercial assets, supported by a robust, diversified tenant base.
Key Facts
| Fund Type | Mutual Fund Trust |
| Fund Inception | November 2016 |
| AUM (as at July 31, 2023) | $255.3 Million |
| Asset Manager | Avenue Living Asset Management Ltd. |
| Fund Manager | Invico Capital Corporation |
| Distributions | Quarterly |
| Minimum Investment | Closed |
| Registered Eligible | Yes |
Fund Materials
Contact Our Investor Relations Team
If you are a financial advisor or institutional investor looking for information about how to invest with us, get in touch with our Investor Relations team. We are here to help.
Contact Our Investor Relations Team
If you are a financial advisor or institutional investor looking for information about how to invest with us, get in touch with our Investor Relations team. We are here to help.