IGW REIT BENEFITS FROM PARTNERS REIT ACQUISITIONS

Thursday, September 8, 2011

Greeting friends,

I am pleased to report that the IGW REIT has benefited through the recent purchase by Partners REIT (TSX-V: PAR.UN) of these two properties:

• Place Desormeaux, a 250,000 square foot enclosed shopping centre in Longueuil, Quebec on the south shore of the Greater Montreal Region.
• Evergreen Shopping Centre, a five building 88,200 square foot open-air shopping centre located in Sooke, British Columbia, roughly a half-hour west of Victoria.

Through these purchases, the IGW REIT and its Member-Partners benefit doubly, first through its 41.5% ownership stake in Partners, which it holds through a subsidiary company, and second, through the fact these properties were purchased without any dilution in the IGW REIT.

Both my partner Adam and I are exceptionally proud of our relationship with Partners REIT and look forward to the continued benefits that our aligned interests bring to the Member-Partners of the IGW REIT.

Warmest Regards,

Emanuel F. Arruda Co-Founder & Chairman The LEAGUE Group of Companies

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