Introducing REDEV’s Latest REIG Project

Introducing REDEV’s Latest Real Estate Income Gain (REIG) Program for Canadian Investors Kensington Crossing – A multi tenant Shopping Plaza located at the corner of 137th. Ave and 127th St in Edmonton, Alberta.

There are two ways to invest today.

1) Invest directly in Kensington Limited Patrnership (pursuant to an Offering Memorandum)
– Partnership Units are $1,000 per unit (10 unit Minimum)

2) Invest your RRSP or TFSA funds to take advantage of REDEV properties REIG Program
– Minimum Investment of $5,000
– 4% annual rate paid inside your RRSP or TFSA
– Balance paid into your RRSP or TFSA when property is sold
– Sales of properties within Redev’s REIG program have been in excess of 25% rate of return.

Both investments are sold by the information contained in the applicable offering memorandums.

If your would like more information contact us toll free 1-866-668-7344 or E-Mail redevalberta@gmail.com.

Howard Manley
Senior Vice President, Redev Properties Ltd.

Alberta in the News

As those of you who know REDEV’s investing philosophy are aware we place a high priority on real estate that is located in growing markets with good economic outlooks. Alberta continues to meet those objectives. Here are a few articles from the Globe and Mail that highlight some of the Alberta advantages:

• Western Provinces Lead the Country in Growth
• Go West Young Canadians
• By the Numbers – How Canada’s Cities are Changing

Excerpt from Investments in Canada Blog

Are you ready to cash in on Canada’s great commercial real estate opportunities? Here is how you can pick a winning property that will maximize your potential returns…

Current Performance

While the future potential of a property is an important factor to consider, it is wise to avoid speculation, and instead choose a commercial property that is already producing decent returns. Anything on top of this in the future is just the icing on the cake. Canadian commercial vacancy rates are incredibly low right now, so if your prospective property is half empty, there may be deeper issues lurking under the surface you need to learn about. You should be able to find an investment property which is producing cash from day one. Make sure to verify leases as well, and do not simply take the seller’s word for it. The potential for increasing rents over the next few years will also need to be considered.

Potential to Expand/Improve

There is a lot of renovation going on among Canadian malls and office buildings today. A local shopping center may continue to produce returns steadily without improvements purely because of location, but it is certainly wise to look for commercial real estate that has room to grow. It can be difficult to locate properties with space to spread out horizontally, but you may be able to build up vertical. Expansion can be a tricky subject, which is why you need to know the zoning restrictions in your particular area of investment.

Growing Area

While Canada as a whole is certainly doing far better than most of the world economically, there are obviously some areas which are doing a lot better than others. Just because you may have many years before retirement in which you will need to cash in on your equity, or actually need the additional cash flow to live on, does not mean you should gamble on your investments. The area you invest in should be doing well now, and have a bright outlook for the next five years. You should have a clear exit strategy, or have the option to stay in if things still look promising for the future. Major cities in western Canada are perhaps the most appealing, and outside of Vancouver and Calgary, cities like Edmonton hold a lot of promise with growth likely to last longer.

Growing Sector

What type of commercial real estate will you invest in? What types of properties are you most familiar with? Residential housing is still teetering on the edge, industrial properties can be a little tricky with big changes in the type of demand coming, and the office sector is predicted to dim slightly in the next 12 months (even though it has outperformed expectations over the last two years). This leaves retail real estate as the top choice for most commercial investors in the current market.

Do you want to learn more about how you can profit from commercial real estate in Canada, or get more information on some of the great opportunities that are currently available? Contact Howard Manley today either by phone at 866-986-8673 or email him right now at howardm@redevgroup.ca.

Thank you for reading.

Richard Crenian
President, REDEV Properties