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IOT Innovotech Inc

0.12
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Innovotech Inc TSXV:IOT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.12 0.08 0.105 0 16:09:35

InnVest Real Estate Investment Trust to Release Its First Quarter Earnings

24/04/2012 1:59am

Marketwired Canada


InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) will release its
first quarter results on Friday, May 11th, 2012 to be followed by a conference
call at 11:00 am Eastern Time. Participating on the call will be members of
InnVest senior management.


Investors are invited to access the call by dialing 416-340-2216 or
1-866-226-1792. You will be required to identify yourself and the organization
on whose behalf you are participating. A recording of this call will be made
available May 11th, beginning at 1:00 pm through to 11:59 p.m. on May 18th. To
access the recording please call 905-694-9451 or 1-800-408-3053 and use the
reservation number 7573534#.


TRUST PROFILE

InnVest Real Estate Investment Trust (the "REIT") is an unincorporated
open-ended real estate investment trust which owns a portfolio of 143 hotels
across Canada representing approximately 19,000 guest rooms operated under
internationally recognized brands. The REIT leases its hotels to InnVest
Operations Trust ("IOT"), a taxable investment trust. IOT indirectly holds all
of the hotel operating assets, earns revenues from hotel customers and pays rent
to the REIT. IOT also holds a 50% interest in Choice Hotels Canada Inc., one of
the largest franchisors of hotels in Canada, and earns revenues from franchising
fees. 


Each issued and outstanding REIT unit trades together with a non-voting unit of
IOT as a "stapled unit" on the Toronto Stock Exchange (the "TSX") under the
symbol INN.UN. InnVest REIT's convertible debentures trade on the TSX under the
symbols INN.DB.B, INN.DB.C, INN.DB.D, INN.DB.E and INN.DB.F.


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