BROSSARD,
QC, Sept. 9, 2014 /CNW Telbec/
- BLF Real Estate Investment Trust ("BLF REIT") (TSXV:
BLF.UN) and 8881723 Canada Inc. (the "Offeror"), a corporation
controlled by a personal holding entity of Mathieu Duguay and the Fonds immobilier de
solidarité FTQ, announce that the Offeror has acquired all the
remaining 92,254 trust units of BLF REIT not previously owned by
the Offeror, its affiliates or joint actors, being approximately
2.77% of BLF REIT's issued and outstanding units, pursuant to the
right of compulsory acquisition under the contract of Trust of BLF
REIT. The Offeror, its affiliates or joint actors, previously held
approximately 97.23% of the issued and outstanding units of BLF
REIT.
The units have been delisted from the TSX Venture
Exchange at the close of business on August 11, 2014 and BLF
REIT has filed applications in order to cease to be a reporting
issuer under applicable Canadian securities laws.
About BLF REIT
The principal business of BLF REIT is acquiring,
holding, developing, maintaining, improving, leasing, managing or
otherwise dealing with income-producing multi-unit residential
properties located throughout Québec. BLF REIT currently owns
seven properties located in Greater Montréal, Sherbrooke and Québec City totaling 1,049
apartment units.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE BLF Real Estate Investment Trust