October 8, 2013 - Pacific Landing @ Havenwood Trust is pleased to announce that Portfolio Strategies Corporation has agreed to become an Exempt Market Dealer for the offering previously announced on September 18. Portfolio Strategies will be joining Privest Wealth Management in the offering of Trust Units.
The Trust is offering up to CAD $11.6 million in Trust Units. It will invest the funds into Pacific Landing, a waterfront mixed-use residential resort development, consisting of a 12-acre property on the water's edge, in Victoria's Western Communities. The land is surrounded by a 600-acre National Historic site and is adjacent to Royal Roads University.
The project is an inter-generational village that will offer what management calls, "Vitality Living". The village will include private residences, a long-term stay hotel, restaurants, a wellness spa, a medical centre, a green grocer and other neighourhood commercial services. Community will be a key component of this lifestyle. The Coast Collective Art Centre, an on-site teaching facility, and other complementary services will promote a sense of community and define the quality of life in the village. A key market for the village will be the Baby Boomer generation, who are transitioning to retirement with a desire for a more active and engaged lifestyle.
Randy Royer, of Calgary, Alberta and Ray Parks, of Victoria, British Columbia are Trustees of the Trust. Mr. Royer has successfully developed numerous properties across North America in the hospitality sector, most notably the Grand Okanagan in Kelowna. His background gives him the ability to identify an opportunity and capitalize on it successfully. Mr. Parks has a depth of knowledge in the real estate industry in the Victoria area, having been, amongst other things, the CEO of the Provincial Capital Commission. As the project gets underway, they are to be joined by Terry Royer (specializing in corporate governance) and a team of specialists.
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Randy Royer, Trustee
About Pacific Landing @ Havenwood Trust:
Pacific Landing @Havenwood Trust is an open-ended Mutual Fund Trust settled under the Laws of Alberta. Its objective is to offer financially viable investment opportunities that have an identifiable social purpose. The offering has been approved for distribution by Privest Wealth Management Inc. and Portfolio Strategies Corporation.
Contact:
For further information, please visit the corporate website: pacificlanding.ca or contact Leslie Adams at [email protected] .
The above information is for information purposes only and is not intended to solicit an investment in the project. Detailed information about the offering is contained in the Trust's Offering Memorandum.