Viocity REIT is pleased with the construction progress to date on Turnock Manor. The builder is anticipating the building will be completed and ready for tenants by summer 2019. This apartment building located in Maple Ridge, British Columbia is 4 stories high with underground parkade containing 66 condo quality apartment rental units with a good mix of Studio, 1 Bedroom, 1 Bedroom + Den, and 2 Bedroom rental units.
Earlier in 2018 Viocity REIT agreed to purchase the property from the developer once construction is completed for a price of $19.47M as long as all terms and conditions are met. This opportunity represents significant value for Viocity REIT to acquire an apartment building of this size in the lower mainland and will make an excellent revenue producing addition to Viocity REIT's residential apartment portfolio. To learn more about this asset, other assets Viocity REIT is acquiring, or to invest in Viocity REIT please contact us toll free 1.855.659.5959 or email us at email@example.com
Please take notice that as of June 5, 2018, VMI has surrendered its registration as an exempt market dealer in the Provinces of British Columbia, Alberta, Saskatchewan and Manitoba effectively immediately. In addition, Derek Fairbrother and Steven Madl have surrendered their respective registrations as dealer representatives for VMI. Collectively, VMI, Mr. Fairbrother, and Mr. Madl (the “VMI Firm”) will no longer be involved in the marketing or distribution of exempt market securities that require registration under applicable securities laws.
You are receiving this notification because you have purchased Units of Viocity REIT through the VMI Firm and/or are a
client of the VMI Firm. As a holder of a Viocity REIT Unit, you are entitled to certain rights under the Declaration of Trust
that governs Viocity REIT and will continue to be entitled to those rights irrespective of the VMI Firm surrender of
registration. Mr. Fairbrother will continue to be a Trustee of Viocity REIT and we encourage you to contact him directly for questions related to your Viocity REIT Units. A copy of the Viocity REIT Declaration of Trust is located at
EXISTING VIOCITY REIT INVESTMENTS THAT WERE PURCHASED THROUGH THE VMI FIRM WILL NOT CHANGE IN ANY WAY AND WILL NOT BE AFFECTED BY THE VMI FIRM’S SURRENDER OF REGISTRATION.
As a client of the VMI Firm, it is imperative that you understand the result of the VMI Firm’s surrender of registration. The outcome of the surrender is that:
• the VMI Firm will no longer be trading in securities for any issuer, including those securities related to Viocity REIT;
• you will no longer be able to purchase Viocity REIT units through the VMI Firm;
• the VMI Firm will no longer provide advice in securities;
• the VMI Firm will not directly or indirectly market or solicit securities in connection with Viocity REIT, or any other
security requiring exempt market registration;
• the VMI Firm will not be remunerated or otherwise compensated for directly or indirectly dealing in exempt market
• the VMI Firm will not act in an intermediary capacity or as a market maker between you and Viocity REIT
The VMI Firm will continue to store your confidential information for a period of seven (7) years from the date that you
became a client of the VMI Firm and will remain bound to its record retention obligations under applicable securities laws. These records are stored in a safe and durable location. If you require a copy of your client documentation or have questions about how the VMI Firm’s surrender of registration will affect your investment, please contact:
Derek Fairbrother, CCO, UDP
Viocity Management Inc.
Phone: (855) 659-5959 Ext. 700
Finally, we wish to extend our appreciation for allowing the VMI Firm to represent you. It was a pleasure to work with you. If you have any further questions, please do not hesitate to contact us.
Regretfully after many hours of testing this week we have come to the conclusion that generating previous missing statements still does not function as promised. We are currently attempting to generate statements for the month of October 2018 that will show current balances, current distributions, and all distribution payments that have been made since the last statement every client received.
For some of you this will mean this October statement will show distributions from as far back as March 2018 all the way through October 2018. Others will simply see a typical statement with the October distribution. We are continuing to work with our software provider to see if we can get accurate missing statements generated for the affected accounts. The work around also looks success for future statements. Meaning that our November 2018 statements which will be available in December should once again show normally for ALL clients and accounts. We apologize again for the inconvenience, the odd looking October 2018 statements will all be distributed within the next 24 hours. If you have any questions about your statements or fail to receive one in the next 24 hours please give us a call at 1.855.659.5959 or email firstname.lastname@example.org Thank-You.
Several Viocity REIT clients over the last 6 months have reported not receiving some or all of their monthly client statements. Working with our software partner an issue was discovered and a temporary work around was deployed successfully over the weekend of October 27/28th, 2018. Once we finish some further testing of this release we will be able to re-run monthly statements for clients who have not received them. Over the next few days and completing by Friday November 2nd, 2018 all clients should receive any and all missing 2018 statements from Viocity REIT.
If AFTER Friday November 2nd, 2018 you are still missing any statements please contact us and let us know at 1.855.659.5959 or via email. We apologize for this inconvenience, going forward the work around should ensure all clients receive the monthly statements. We will also continue to work with our software partner on the permanent solution, implementation currently scheduled for February 2019. Statements are typically issued two week after month end, so currently for 2018 all clients should have January thru September. The October 2018 statements will be issued by November 12th, 2018.
Viocity REIT is pleased to announce a February 2018 Distribution of $0.0583 per Viocity REIT class 'A' unit (7% per annum). The Distribution is payable to all unit holders who owned Viocity REIT units as of February 1st, 2018 and will be paid on our next distribution date, March 15th, 2018.
All investors who have opted to participate in our voluntary DRIP (Distribution Re-Investment Plan) will see the purchase of additional Viocity REIT class 'A' units credited to their account instead of receiving a cash distribution. A reminder your DRIP preference can be changed at anytime using the Viocity DRIP form that can be found in our Documents section of the website.
Viocity REIT is pleased to announce we've added more New Investors! With the closing last week our investors have subscribed for an additional 1,455.2007 Viocity REIT class "A" Units. Welcome to all of our new Investors!
If you're ready to invest with us please call 1.855.659.5959 or click for more information.
Today February 23rd, 2018 is the last day to nominate yourself, or someone you know to the Viocity REIT board of Trustees for 2018. For more details please see the news release here.
March 1st, 2018 is the last day to make an RRSP contribution and have it count towards your 2017 taxes. Viocity REIT is RRSP Eligible and may be a suitable addition to your portfolio. To learn more about RRSP's or investing in the Viocity REIT fund please call us toll free at 1.855.659.5959 or visit www.viocity.com