As per National Instrument NI31-103 we are required to disclose.
Risks Associated with the Offering: Reputation, Speculative Offering –No
Guaranteed Return, Risk of Real Estate Investments, Development Risks, Government
Regulation, Competition,
Distributions, Dilution, Use of Property Appraisals, Leverage Applied to Investments, No
Guarantee of Sale Proceeds at
Disposition, Acquisition Risks, Environmental Matters, General Economic Conditions, Risks
Associated with Operations
in the US, Reliance on Issuer, Allocation Risk, Conflicts of Interest, Laws Benefitting
Disabled Persons,
Insured and Uninsured Losses, General Litigation Risk, Less than Full Offering, Achievement
of Investment
Objective, Liability of Unitholders, Use of Available Cash, Limitation on Payment of
Redemption Price in Cash,
Termination as a Result of Redemption, Payment of Redemption Price –Issuance of Redemption
Notes, Redemption Notes
will be Unsecured, Payment of Redemption Notes, Priority Redemption Notes, Investments are
Not Liquid, Status
of the Trust, SIFT Trust Status, Risks Associated with the Level of Foreign Ownership,
Changes in Applicable Law, No Independent
Counsel, Canadian Tax Related Risk Factors, U.S.
Withholding Tax Risk and Foreign Jurisdiction Tax.
Related Risk Factors. Purchasers Rights Securities legislation in
certain of the provinces and territories of
Canada provides purchasers with a statutory right of action for damages or rescission in
cases where an offering
memorandum or any amendment thereto contains an untrue statement of a material fact or
omits to state a material
fact that is required to be stated or is necessary to make any statement
contained therein not misleading in light of the circumstances in which it was made (a
“misrepresentation”).
