Greetings!
Summer is finally here and I guess for some reason business is brisk. We usually slow down for the summer holidays but the uncertainty in the markets has made cash flowing commercial real estate a very safe haven for investment. Ranchlands Village is 85% sold out and no doubt will be sold out in the near future.
Please have a safe and enjoyable summer.
|
| Calgary is Fast Becoming a World Leader in Financial Services!
Continued Growth Affirms That Calgary is THE place to invest.
|
 When we think of Calgary we often think of it as Canada's Oil and Gas capital and the prosperity that those industries have brought to the city. However Calgary is much more than just the Oil Capital. Over the years Calgary's entrepreneurial spirit, business friendly governments as well as economic prosperity have resulted in a lot of diversification. Calgary has the second highest concentration of corporate head offices in Canada as we have seen many large corporations relocate to Calgary because of the economic environment.
In a June 22, 2008 article in the Calgary Herald, Geoffrey Scotton looked at Calgary's growth in the financial services sector. "Calgary has already become Western Canada's financial centre," says Emond, "and now Calgary definitely can compete with Toronto; it can compete with New York; it can compete with London."
Scotton points out that "Growth is happening so fast it's starting to make Canada's financial services capital, Toronto, nervous. Calgary is "attracting available resources and potentially diminishing Toronto's eminence as the financial centre of the nation," the Toronto financial Services Alliance said in a recent report."
"The signs are equally clear that Calgary's presence and reputation is on the rise within international financial services circles, with new international banks and investment firms opening up shop here regularly. Recent corporate arrivals in Calgary include Societe General, from France; UBS, from Switzerland, Goldman Sachs from the United States; Maquarrie Bank, from Australia, Lehman Brothers from the U.S.; Standard Chartered Bank, from Asia and the United Kingdom, and Thomas Weisel Partners LLC, from California."
With the continued demand for energy around the world and with the growth of industries such as the financial services industry in Calgary as well as the many other sectors that the Calgary economy is growing in, all work towards the continued evolution of Calgary into a world economic power.
If you want to be able to participate in this vibrant economy ask us for more information on our current REIG investment program featuring Ranchlands Village Shopping Centre in Calgary. You better hurry though as it is quickly selling out.
|
|
| Quick Stats
|
 Albertans had an average personal disposable income of $34,494, the highest in Canada and an increase of almost $2,000 compared to last year- Albertans paid the lowest provincial and municipal tax load in Canada
- Alberta's labour productivity and labour force participation was the highest among the provinces, and well above the national average.
- Investment in manufacturing and services industries rose by 12 percent, increasing from $17.7 to $19.8 billion.
- Calgary and Alberta's retail sales have been exceptionally strong (according to Colliers International)
- In 2007 Alberta's retail sales grew by 9.7%
- Calgary commands approximately 5.5% of the nations total retail sales.
|
|
REDEV Properties
4620 Manilla Road S.E. 480 University Ave., Suite 1600
Calgary, AB, Canada, T2G 4B7 Toronto, ON, Canada, M5G 1V6
Ph: (403)212-1953 Ph:(416)460-7779
Fax: (403)770-8537 Fax: (416)352-7591
Toll Free: 1-866-668-7344 Ontario Toll Free: 1-888-668-7344
|
|
|
 |
Featured Property
Ranchlands Village Shopping Centre
REIG Highlights
- Strong demand for commercial Real Estate in Calgary market
- Excellent location in the dominant commercial area of NW Calgary
- Retail vacancy in NW Calgary only 0.4%
- Office vacancy rate in NW Calgary only 1.4%
- According to Conference Board of Canada, Calgary and Edmonton are "in a league of their own" as they lead growth in Canada for 2008
- Minimum investment $25,000.
- Projected average annual return after tax 14.25%
- Receive a tax deduction for 8
- Receive capital appreciation on the sale of the property
|
 |
Featured Investment
|
|
REDEV's
RRSP Eligible REIG Program
Use your RRSP investments to profit from the lucrative commerical real estate market
-
4.5% per annum return within your RRSP.
-
Majority of growth is paid into share value - cash flow, equity growth and capital appreciation and paid to you outside the RRSP via tax advantaged dividends.
-
Income splitting opportunites on portion paid outside RRSP.
-
Secured by the commercial real estate. |
Contact Information:
Howard Manley - Senior Vice President
(403)212-1953
Wally Gbalajobi - Ontario Regional Manager
(416)650-0887 Ontario
(403)804-4486 Calgary
Allan Fulton
(403)381-2900
Leon Driscoll
(403)863-5669
Clark Heimbeckner
(780)719-6883
John Tensen
(780)910-8702 |
| |
|
| Toll Free
1-866-668-7374
| |
|
