Off-market insider buying at Inovalis REIT (T:INO)

Michael Missaghie, a Director, acquired 39,000 Units on a control or direction basis for registered holder Arch Absolute Return Real Estate Fund and 91,000 Units on a control or direction basis for registered holder Arch Absolute Return Real Estate Fund NR at a price of $10.650 through a prospectus or prospectus exempt offering on December 23rd, 2019. This represents a $1,384,500 investment into the company's shares and an account share holdings change of 27.8%.

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

Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area. Its tenants include Orange, which is engaged in telecommunications sector; Facility Services Hannover GmbH, which is engaged in banking/real estate sectors; Rue du Commerce, which is engaged in e-commerce sector, and Mitsubishi Hitachi Power Systems Europe GmbH, which is engaged in manufacturing. Inovalis REIT is managed by Inovalis S.A.