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CEO buying at Agellan Commercial REIT (T:ACR)

Updated Friday May 18, 2018 02:12 AM EDT

Francis Xavier Camenzuli, CEO, Director and Subsidiary Executive, acquired 40,520 Units on a control or direction basis for registered holder Nallega Diversified Inc. at a price of $11.420 through a prospectus or prospectus exempt offering on May 15th, 2018. This represents a $462,738 investment into the company's shares and an account share holdings change of 59.9%.

Agellan Commercial REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Agellan Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust (REIT). The objectives of the Company are to provide investors with stable, predictable and growing cash distributions on a tax-efficient basis; enhance the value of its assets and maximize long-term unit holder value through active management, and expand the asset base and increase its adjusted funds from operations (AFFO) per unit, including through acquisitions. Its segments are Canada and the United States. It invests in income producing properties in the United States and Canada in the industrial, office and retail asset classes. The Company's portfolio contains approximately 4.7 million square feet of gross leasable area (GLA) in approximately 30 properties. These properties are located in Texas (17 properties), Georgia (seven properties), Ontario (two properties), Ohio (two properties) and each of Quebec, Illinois, Indiana, and North Carolina (one property each).

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Go to Agellan Commercial Real Estate Investment Trust (ACR)'s company page

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