Skip to content.

Homburg Canada REIT closes C$85.5 million equity offering

Date Closed

October 27, 2010

Lead Office



85.50 Million CAD

On October 27, 2010, Homburg Canada Real Estate Investment Trust closed a public offering of 7,772,100 units of the REIT. The Units were priced at C$11.00 per Unit, for total gross proceeds of C$85,493,100.

The Units were offered on a bought deal basis by a syndicate of underwriters co-led by TD Securities Inc., CIBC and Desjardins Securities Inc. and including Scotia Capital Inc., National Bank Financial Inc., Canaccord Genuity Corp., HSBC Securities (Canada) Inc., Beacon Securities Ltd. and Dundee Securities Corporation.

Homburg Canada REIT, headquartered in Halifax, Nova Scotia, is an unincorporated open-ended real estate investment trust.

McCarthy Tétrault LLP represented the underwriters, with a team led by Clemens Mayr.