Sexchat without loggin coomarea - Consolidating unit investment trust

UN) is pleased to announce that it has completed the

UN) is pleased to announce that it has completed the $1.2-million secured bridge loan financing (the “Bridge Loan”) with RFA Capital Partners Inc., pursuant to the letter of intent between the parties (the “LOI”), previously announced on May 15, 2014. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2014.Nobel Real Estate Investment Trust (“Nobel REIT”) (TSXV: NEL.The distribution will be payable on August 15, 2013 to unitholders of record as at July 31, 2013. UN) Nobel Real Estate Investment Trust (the "REIT") is pleased to announce today a cash distribution of $0.0016423 per trust unit of the REIT ("Units") for the period from May 30, 2013 to June 30, 2013.

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UN) is pleased to announce that it has completed the $1.2-million secured bridge loan financing (the “Bridge Loan”) with RFA Capital Partners Inc., pursuant to the letter of intent between the parties (the “LOI”), previously announced on May 15, 2014. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2014.

Nobel Real Estate Investment Trust (“Nobel REIT”) (TSXV: NEL.

The distribution will be payable on August 15, 2013 to unitholders of record as at July 31, 2013. UN) Nobel Real Estate Investment Trust (the "REIT") is pleased to announce today a cash distribution of $0.0016423 per trust unit of the REIT ("Units") for the period from May 30, 2013 to June 30, 2013.

.2-million secured bridge loan financing (the “Bridge Loan”) with RFA Capital Partners Inc., pursuant to the letter of intent between the parties (the “LOI”), previously announced on May 15, 2014. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2014.Nobel Real Estate Investment Trust (“Nobel REIT”) (TSXV: NEL.The distribution will be payable on August 15, 2013 to unitholders of record as at July 31, 2013. UN) Nobel Real Estate Investment Trust (the "REIT") is pleased to announce today a cash distribution of consolidating unit investment trust-45 .0016423 per trust unit of the REIT ("Units") for the period from May 30, 2013 to June 30, 2013.

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-24 .014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-45 .014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-24 .014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-45 .014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-45 .014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-45 .014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-24 .014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-45 .014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-24 .014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of consolidating unit investment trust-24 .014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately ,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

The distribution will be payable on Ju ly 15, 2014 to unitholders of record as at June 27, 2014 , before the completion of the previously announced upcoming private placement expected on or around June 30, 2014.

MONTREAL, QUEBEC – June 2, 2014 – Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) (TSXV: NEL.

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This will force asset management firms to wind their unit trust businesses.

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of [[

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

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We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

UN) (“Nobel REIT”) announced today that they have entered into an arm’s length arrangement agreement (the “Arrangement Agreement”) to create a diversified REIT with 36 commercial properties located across Canada. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of January 2017. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of December 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of November 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of October 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has completed today the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) announces that it has reached a definitive agreement for the sale of the property located at 1190 Place Nobel in Boucherville, which has a gross leasable area of approximately 19,000 square feet, to the accounting firm Labranche Therrien Daoust Lefrançois for a total purchase price of $ 4.05 million in cash, subject to certain customary adjustments. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of August 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of July 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting”). UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of June 2016. UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended March 31, 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of May 2016. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce that it is moving its head office into its most recent acquisition located at 2045 rue Stanley in Downtown Montreal. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT”) is pleased to announce that it has completed the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP; the other half of the units and shares are owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust). UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its consolidated financial statements and its management discussion and analysis report for the year ended December 31, 2015. UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately $12,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

||

We are certainly thinking about it,” Dilshan Wirasekara, CEO First Capital Holdings PLC which has an asset management business told the Business Times.

The name is somewhat misleading, given that (according to law) an investment "trust" is not in fact a "trust" in the legal sense at all, but a separate legal person or a company.

This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund's assets.

UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV: NEL.

]].014165 per Trust Unit for the month of March 2016. UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the“REIT”) is pleased to announce that it intends to complete the acquisition of 50% of the units of Société en commandite 2045 Stanley (the “2045 Stanley LP”), the limited partnership that owns the office building located at 2039-2047 Stanley in Downtown Montreal, as well as 50% of the shares of 9301-6897 Québec Inc., the general partner of 2045 Stanley LP, of which the units and shares are currently 100% owned by Fiducie Notariale Immobilière (which translates into Notarial Real Estate Trust), for an aggregate purchase price of approximately ,500,000, excluding acquisitions costs (the “Acquisition”).

“The budget 2017 proposes a withholding tax of 5 per cent for individuals investing in bank deposits while unit trusts would be subject to a 14 per cent withholding tax. One reason for this, she says is that it may be because the tax rate for individual investors in unit trusts (10 per cent) was higher than the tax rate applicable to bank deposits (2.5 per cent) creating an unequal playing field between bank deposits and unit trusts for individual investors. Wirasekara added that his firm will be focusing more on the wealth management business of their asset management firm.

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