Issuer

Revenue Properties Company Limited

Real Estate

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Summary

Morguard Real Estate Investment Trust owns a diversified portfolio of 60 commercial real estate properties across Canada, with approximately 8.6 million square feet. Properties in the province of Ontario generate 51% of net operating income (continuing operations) as at June 30, 2007. Morguard Corporation owns 41.9% of Morguard Real Estate Investment Trust.

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