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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%.

0 %

TOTAL RETURN SINCE INCEPTION

$ 0 Million

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 TypeMutual Fund Trust
Fund InceptionNovember 2016
AUM (as at July 31, 2023)$255.3 Million
Asset ManagerAvenue Living Asset Management Ltd.
Fund ManagerInvico Capital Corporation
DistributionsQuarterly
Minimum InvestmentClosed
Registered EligibleYes

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.