League Assets Real Estate Investment Trust
A “Real Estate Investment Trust”, or REIT for short, is a way for investors to invest in a portfolio of one or more real estate holdings within units/shares, much like stock. REITs are heavily traded on stock exchanges and can give excellent distributions through the rent they receive from tenants within the investment portfolio. These can be a great way to gain predictable income into your investment portfolio.
League Assets is a newer real estate investment trust that is opening eyes across the world. The company’s portfolio possesses over 200 million dollars in real estate assets and is completely private. Being a private REIT gives it a greater advantage because it is not susceptible to fluctuating markets, although this makes the REIT not liquid. There is a pre-determined period set by League in which you have to hold your units before you can sell them; anytime after a year, you are able to sell the units in your REIT. League has returned approximately a 15% annual return, which can be broken down in either a 15% return in unit price gain or a 9% distribution and a 6% unit price gain. League will deposit distribution money right into your chequing or savings account and for Canadians out there, under the right conditions it is RRSP eligible. League gives distributions, not dividends that are currently 90% tax free in Canada.
League holds mostly commercial properties within the REIT, all of which are Canadian. The best part about League Assets REIT is that there is no minimum to invest. Public Real Estate Investment Trusts traded over the stock market sometimes bloat the value of their holdings, but not League. Every 3 months a third party appraises the properties and the units value for the REIT. The one thing I can say about League is their ability to be in touch with their investors at all time. League even has what they call the BLUE BOOK, which is free and can be sent to your home! The blue book explains everything about your investment from how they make their money to investments within League’s portfolio. I definitely recommend investing with League and checking out the blue book.You can download it here DOWNLOAD
Kelly Parks
www.wealthforinvestors.com
September 27th, 2008 at 12:14 am
Kelly,
I don’t know how you pick your investments but at the time of your writing, trading of League REIT had been halted by the BCSC for failing to provide adequate disclosure and timely financial statements.
Is this the type of investment you recommend to people?
September 30th, 2008 at 6:55 am
I don’t know how you post but being rude gets you no where.
In fact on your behalf i emailed League
Hello Kelly,
Thanks for your email. The IGW REIT is currently trading and the CTO was in place due to a lack of understanding with the Financial Statements. So after meetings with KPMG, our auditors and the BCSC we were able to resolve the matter.
I hope that helps.
Kindly,
In fact i also contacted people that have invested with league.. and they have no missed a payment or an increase.
League has even directly paid into their account.
You can also contact KPMG on the accounting practices.
Kelly