Sandpiper GP buying more Agellan Commercial REIT (ACR)

Sandpiper GP buying more Agellan Commercial REIT (V:ACR)

Sandpiper GP Inc., a 10% Holder, acquired 42,900 Units on an indirect ownership basis for registered holder Sandpiper Opportunity Fund 3 Limited Partnership at a price of $11.900 on December 4th, 2017. This represents a $510,510 investment into the company's shares and an account share holdings change of 1.0%.

Agellan Commercial REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Agellan Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust (REIT). The objectives of the Company are to provide investors with stable, predictable and growing cash distributions on a tax-efficient basis; enhance the value of its assets and maximize long-term unit holder value through active management, and expand the asset base and increase its adjusted funds from operations (AFFO) per unit, including through acquisitions. Its segments are Canada and the United States. It invests in income producing properties in the United States and Canada in the industrial, office and retail asset classes. The Company's portfolio contains approximately 4.7 million square feet of gross leasable area (GLA) in approximately 30 properties. These properties are located in Texas (17 properties), Georgia (seven properties), Ontario (two properties), Ohio (two properties) and each of Quebec, Illinois, Indiana, and North Carolina (one property each).