BROSSARD, QC, Oct. 21, 2013 /CNW Telbec/ - Société immobilière SYM inc.,
a corporation controlled by Mr. Mathieu Duguay, announces that on
October 18, 2013, it acquired ownership of 163,042 units of BLF Real
Estate Investment Trust (the "Issuer") representing approximately 4.93% of the Issuer's issued and
outstanding voting units for an aggregate consideration of $950,000.
The units were acquired at a price of $5.83 per unit from one vendor by
private agreement pursuant to Section 4.2 of Regulation 62-104 Respecting Take-Over Bids and Issuer Bids.
Mr. Duguay now owns and controls, directly or indirectly, 659,870
special voting units and 163,042 units of the Issuer, representing
approximately 24.91% of the Issuer's issued and outstanding voting
This acquisition was made for investment purposes and Mr. Duguay may
from time to time increase or decrease his investment in the Issuer
depending on market conditions or any other relevant factors.
A copy of the Early Warning Report disclosing the transaction is
available on SEDAR at www.sedar.com.
SOURCE: Société immobilière SYM inc.
For further information:
Mr. Mathieu Duguay
President of Société immobilière SYM inc.