• About us
    • Our Team >
      • Shenoor Jadavji
      • Steve Krilanovich
      • Cam Grieve
      • David T. Pitt
      • Meghan Henselwood
      • Jaime Hudson
      • Karen Tran
      • Matt Greidanus
      • Coming soon...
  • Our services
    • Case Studies >
      • Successful Full-Cycle Value-Add Investment
      • Strategy-Driven Legacy Investment
      • Successful Opportunistic Investment
      • Capital Markets Expertise
  • Our POV
  • Contact
Lotus Capital Corp – Real Estate Asset and Investment
  • About us
    • Our Team >
      • Shenoor Jadavji
      • Steve Krilanovich
      • Cam Grieve
      • David T. Pitt
      • Meghan Henselwood
      • Jaime Hudson
      • Karen Tran
      • Matt Greidanus
      • Coming soon...
  • Our services
    • Case Studies >
      • Successful Full-Cycle Value-Add Investment
      • Strategy-Driven Legacy Investment
      • Successful Opportunistic Investment
      • Capital Markets Expertise
  • Our POV
  • Contact

Capital Markets Expertise
​PROREIT Strategic Partnership

Rationale: 
In 2014, under an indirect value-add strategy, Lotus Capital formed a strategic relationship with PRO Real Estate Investment Trust that leverages Lotus’s real estate investment expertise and national breadth to augment PRO’s growth strategies. At a 9.1% initial yield and a 10x valuation multiple, the unit price is expected to increase significantly as the market cap grows. Lotus’s partnership with PRO includes a seat on the Board of Trustees for Shenoor Jadavji.

Realization:
Lotus Capital completed a private placement of equity, a property vend-in (two long-term leased warehouses--PRO’s first acquisition in Western Canada) in exchange for additional units, and entered into a strategic partnership with PRO, all concurrent with a $30M public equity raise. Since that initial transaction, Lotus Capital has completed two additional vend-in transactions to PRO totalling over $20M in asset value.

Returns:
PRO’s portfolio comprises over 2.1M SF and consists of 40 high quality assets in primary and smaller markets, with credit tenants accounting for over 40% of the income. PRO’s market cap has more than quintupled to over $140M from $25M prior to the strategic relationship, with an annual distribution unit of $0.21 per unit, or approximately 9.1%.
Picture
Follow us on LinkedIn 
Lotus Capital is centrally located in downtown Vancouver close to major transportation routes and transit services.

950 – 475 West Georgia Street   
Vancouver, BC, Canada   V6B 4M9

Tel:  604-568-9982   Fax:  604-568-3302   Email
© Lotus Capital Corp.  2017    |    Privacy Policy
  • About us
    • Our Team >
      • Shenoor Jadavji
      • Steve Krilanovich
      • Cam Grieve
      • David T. Pitt
      • Meghan Henselwood
      • Jaime Hudson
      • Karen Tran
      • Matt Greidanus
      • Coming soon...
  • Our services
    • Case Studies >
      • Successful Full-Cycle Value-Add Investment
      • Strategy-Driven Legacy Investment
      • Successful Opportunistic Investment
      • Capital Markets Expertise
  • Our POV
  • Contact