Clark Wilson client Pure Industrial Real Estate Trust opened the market today as it received final approval from the TSX to list its Class A trust units. Units commenced trading on the TSX today, representing an important milestone in the maturation of the open-ended investment trust. PIRET was ranked number 10 in the Diversified Industries sector in 2011 and 2012, and was “Pick of the Street” in 2011 on the TSX Venture 50. Fittingly, PIRET, whose trading symbol is AAR, rang the bell on International Talk Like a Pirate Day.
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Insurance
An owner of a strata lot negotiated with the owner developer to install hardwood floors and other upgrades to his strata lot during the original construction of the building. This is the only strata lot in the building with these upgrades. Does the strata corporation have to insure these upgrades?