Goodmans is widely recognized as Canada’s leading advisor in Real Estate Investment Trusts (REITs). With our deep M&A expertise, our lawyers are regularly called on to advise REIT special committees on strategic and structuring options and to advise buyers on actual or potential acquisitions in the REIT sector. With unparalleled expertise and leadership in the REIT field, we provide our REIT clients with top-tier advice and support in governance, continuous disclosure obligations, follow-on public offerings and private placements, and M&A or other strategic developments throughout the life cycle of the REIT’s existence.
Since the first REIT IPO, our lawyers have led over 50% of total Canadian real estate IPOs listed on the TSX and 85% of total real estate IPOs with a substantial portion of assets outside Canada.
We have since pioneered many new structures to meet the continued demand for income generating securities and have played a key role in:
• the first IPO of a REIT in Canada
• the first mutually initiated REIT merger
• the first cross-border REIT
• the first REIT offering of preferred trust units
• the first public offering in the world of a qualifying US REIT by a non-US entity
REALpac engaged Goodmans to be the exclusive author of The Canadian REIT Handbook and to advise the industry on governance proposals by the Canadian Coalition for Good Governance. At the request of the OSC, Goodmans authored National Policy 41-201 Income Trusts and Other Indirect Offerings.
