Sale of Ottawa retail strip for $2.4 million

Oct 28, 2010 – Abacus Real Estate Investments sells 2177-2189 Ogilvie Road and 2000 Montreal Road in Ottawa for $2.4M to a local investor. 2177-2189 Ogilvie Road and 2000 Montreal Road is a 14,500 square foot neighborhood retail strip. The property is anchored by McDonald’s. Abacus acquired the property as part of a portfolio purchase in March 2006.

About Abacus Real Estate Investments:

Abacus Real Estate Investments Ltd. specializes in acquiring properties of all asset types. Through management and repositioning initiatives, we offer our principals and partners attractive returns. Our primary goal is to create a diversified portfolio of income producing real estate properties across Canada. The assets in our portfolio currently include industrial, retail and office properties. Target acquisitions include assets with historically strong and stable cash flows or unique value-creation opportunities. Our team consists of leading professionals with a winning combination of industry experience, complementary skills and unflagging determination.

For further information please visit our website at AbacusPE.com or contact:

T: (416) 214-3336

E: Info_Toronto@AbacusPE.com