Inovalis Real Estate Investment Trust Provides Update on Sale of Sabliere Property

TORONTO -- Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that, further to its press releases dated July 15, 2024, August 27, 2024, and September 4, 2024 and the special meeting of unitholders of the REIT that was held on September 4, 2024, the non-binding letter of intent with Inovalis S.A. dated May 31, 2024 (the “Letter of Intent”), pursuant to which the REIT would have sold a single asset located at 24-26, Rue Bénard – 25, Rue Hyppolite Maindron – 27-29, Rue de la Sablière, Paris, District 14, France (the “Sabliere Property”) to Inovalis S.A., has been mutually terminated. Read More