Public market insider buying at Inovalis REIT (INO)

Public market insider buying at Inovalis REIT (T:INO)

Stéphane Amine, a Director, acquired 22,600 Units on a direct ownership basis at prices ranging from $7.633 to $7.690 on June 26th, 2020. This represents a $172,518 investment into the company's shares and an account share holdings change of greater than 100%.

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

Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area. Its tenants include Orange, which is engaged in telecommunications sector; Facility Services Hannover GmbH, which is engaged in banking/real estate sectors; Rue du Commerce, which is engaged in e-commerce sector, and Mitsubishi Hitachi Power Systems Europe GmbH, which is engaged in manufacturing. Inovalis REIT is managed by Inovalis S.A.