Marwest Apartment Real Estate Investment Trust Stock Toronto S.E.

Marwest Apartment Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is formed to provide unitholders with the opportunity to invest in the Canadian multi-family rental sector through the ownership of income-producing properties, with an initial focus on stable markets throughout Western Canada. The REIT properties include Element, Prairie View Pointe, Brio Brownstones and Kenwood Court. Element Townhomes include approximately 112 multi-family units in Transcona. Element offers a resident clubhouse and is in close proximity to numerous shopping, dining and entertainment options within the neighborhood. Prairie View Pointe is located in North Winnipeg, with immediate access to the Perimeter Highway. Kenwood Court is located on the desirable South St. Vital neighborhood. Kenwood Court is surrounded by comfort, greenery, and riverside walkways. Brio Brownstones property includes over 148 units and luxurious clubhouse.