Mixed Use Residential / Commercial
District’s management team is closely affiliated with the Valour Group (“Valour”) and will derive substantial benefits from Valour’s existing business platform and fully integrated operations. The Management Team is committed to deliver predictable, tax-efficient cash flow and value enhancement through its strategic execution and prudent risk mitigation strategies.
The real estate team has a proven track record in acquiring, developing, managing and creating value over the last 35+ years. The REIT benefits from Valour’s extensive industry relationships to source and finance qualified income properties.
REITs are offered either privately or publicly, each with their own unique features and highlights for investors.
A private REIT is closer to buying the actual real estate directly. Net asset values are based directly upon the market values of the underlying real estate. Private REITS provide a more predictable income and return on investment. Public REITs are listed on a public stock exchange and subject to the volatility of the market with values highly correlated to stock prices overall. We believe this characteristic defeats the purpose of investing in real estate as a method of diversification.
An important consideration in purchasing a private REIT is the longer- term commitment required as the investment is not liquid in the same way a public REIT investment would generally be. District REIT however has a Liquidity Mechanism available to accommodate investors facing unforeseen short-term circumstances without the burden of early redemption penalties or fees.
The tax-advantaged income means that due to the general ability of real estate owners (like District REIT) to deduct capital cost allowance against income, current taxes can be reduced and/or deferred whereas with an interest-bearing instrument such as a mortgage no such off set is available.