League Welcomes Walmart and Cineplex Odeon as Eagle Landing Anchors
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VICTORIA, BRITISH COLUMBIA, Oct 08 (MARKET WIRE) --
League Assets Corporation - the world's Intergenerational Wealth(TM)
Institution - announced today that Walmart Canada and Cineplex Odeon will
be the lead anchors at the Eagle Landing Retail Centre, in Chilliwack, BC.
Construction of the more than 150,000-square foot Walmart - that will be
the cornerstone of future development on the south side - which will
begin shortly and is expected to be completed by Christmas 2010.
Construction of the approximately 30,000 square foot Cineplex Odeon movie
theatre is expected to begin next spring and will become Eagle Landing's
entertainment focal point. The Eagle Landing Retail Centre is a limited
partnership between League Assets Corp. and the Squiala First Nation.
"This is absolutely great news for League, for our partners, the Squiala
First Nation and for the people of Chilliwack," said League's Founding
Partner Emanuel Arruda. "We are thrilled to have Walmart and Cineplex
Odeon on board as our lead anchors. We look forward to a long and
fruitful relationship with both of them."
"What also makes this special news is that it marks the first time that
we're making the investment overview for this and other of League's
limited partnerships available for viewing by Member-Partners on our
secure website at http://investments.league.ca," said Mr. Arruda. This
new investment portal will make it even easier for investors to find the
information they need, when they need it.
Victoria, BC-based League Assets Corp. manages the IGW REIT, one of North
America's fastest-growing private Real Estate Investment Trusts,
comprising a portfolio of Canadian commercial, industrial, multi-family
residential properties with combined assets approaching $350 million. The
IGW REIT exists to find, acquire, improve, and manage real estate
properties on behalf of its 1,700 Member-Partners. Combined with its
other investment pools, League is currently managing and developing
assets with approximate build-out values totaling $2 billion.
For more information, download The Blue Book of Real Estate Syndication
and read the Company Backgrounder at www.league.ca.
Contacts:
League Assets Corp.
Karen Seidman
(202) 364-8134
karen@league.ca
www.league.ca
Copyright 2009, Market Wire, All rights reserved.
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