The InvestPlus REIT Corporate Strategy
Looking at our history and the acquisitions of assets we acquired, we can’t help notice that every building has a story in terms of the added value we brought to it. It’s been our mantra. Find a deal that adds value to our company, manage it efficiently and reap it’s added value to pass along our unit-holders. Being selective and having a solid group of analyst to analyze every deal coupled with off-market deals has been the secret to our success.
Our InvestPlus REIT corporate strategy can be summed up:
Target and Acquire Accretive Multi-unit Residential Apartments and Commercial Properties in Growing Suburban and Urban Markets in Western Canada.
Let’s be clear! We don’t buy “western Canadian” real estate. We buy assets in specific geographical locations that are located in western Canada that show signs of a growing economy, job growth and growing population. It starts with economic fundamentals. Economic fundamentals tell us if jobs are being created in a specific market. By knowing where GDP growth is, which begins with investment dollars invested by companies or government, there is a good chance that jobs will be created. As jobs are created, population growth increases in that geographical area which increases demand for rentals/housing. The increase in rental values increases building values. The same applies to commercial assets. New businesses migrate to those areas and existing business flourishing as a result of the increased demand.
Combine this knowledge and timing with the ability to buy apartment and commercial properties and you now have a recipe that will see the value of those assets increase due to both the management’s value creation and market upswing. While a simple concept, it’s a learned skill from experience in acquiring over $50million in assets over 15 years and riding through three economic cycles…both up and down.