Huntingdon/KEYreit -- summary under Trust Acquisitions by Corporations

Offeror

The Offeror is a real estate operating company which is listed on the TSX, was incorporated in B.C. and owns a portfolio of 36 industrial, office, retail and aviation-related properties in Canada, and a 30% interest in FAM REIT, whose portfolio it manages. It is a successor to Huntingdon REIT as a result of the conversion of Huntingdon REIT from an income fund to a corporation by way of a B.C. plan of arrangement which was effective December 31, 2012.

NorthWest Healthcare/NWI -- summary under REIT Mergers

Overview

NWI (see summary) will be merged into NWH under s. 132.2, with the former NWI unitholders receiving 0.208 NWH units for each NWI unit. The affiliated entities holding a 65% economic interest in NWI will exchange their exchangeable units under ITA s. 97(2) in a subsidiary LP of NWI for units which are redeemable for NWH units.

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