Pier 4 Real Estate Investment Trust (”Pier 4”) seeks to provide investors with monthly distributions while creating long term growth through the direct investment in multi-family apartment buildings. Pier 4 looks to offer investors a well diversified portfolio of assets located across Canada..
Pier 4 targets undermanaged and underperforming assets in regions which present strong market fundamentals.
Currently Pier 4 has 19 multi-family buildings, in 4 Canadian cities including; Guelph, Kitchener, London & Moncton.
Highlights of the fund include
8% – 12% annual return
Registered plan eligible (RRSP, TFSA, RRIF, RESP)
$10,000 minimum investment
monthly income distribution from income producing apartment buildings
Diversification in an investment portfolio to obtain direct exposure to real estate
Diverse geographical exposure
Reduced volatility and correlation with equity markets
Website: Pier 4 REIT