Inovalis Real Estate Investment Trust INO.UN.TO · CAD
Real Estate · Toronto Stock Exchange · 🇨🇦 Canada
0.56
-6.67%
Close of 9 Nov 2026, in CAD
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About Inovalis Real Estate Investment Trust
Its shares trade on Toronto Stock Exchange under the ticker INO.UN.TO. It has been listed since 10 April 2013. In the fiscal year to 31 December 2024, it reported revenue of C$24.1m and a net loss of C$69.1m. At that date it held total assets of C$412.2m and shareholders' equity of C$182.0m.
Inovalis Real Estate Investment Trust engages in the acquisition and owning office properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2013-04-10. Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. The company owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area. Its tenants include Orange, which is engaged in telecommunications sector; Facility Services Hannover GmbH, which is engaged in banking/real estate sectors; Rue du Commerce, which is engaged in e-commerce sector, and Mitsubishi Hitachi Power Systems Europe GmbH, which is engaged in manufacturing. Inovalis REIT is managed by Inovalis S.A.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 10 Apr 2013
- Employees
- 350
- Website
- inovalisreit.com ↗
Leadership
Pay as last reported
- Mr. Jean-Daniel CohenIndependent Chairman of the Board of TrusteesC$76,500
- Mr. Stephane AminePresident, Chief Executive Officer, since 2013C$317,000
- Mr. Khalil HankachChief Financial Officer, Chief Investment Officer, Secretary, since 2019C$264,000
- Ms. Anne SmolenChief Financial Officer, EuropeC$273,000
- Mr. Michael BonneveldIndependent TrusteeC$69,000
- Mr. Marc ManasterskiIndependent TrusteeC$60,500
- Ms. Laetitia PacaudIndependent TrusteeC$73,500
- Mr. Robert WaxmanIndependent TrusteeC$74,500
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 45
- Environment
- 52
- Social
- 16
- Governance
- 67
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established Track Record: Inovalis Real Estate Investment Trust (REIT) has demonstrated a strong and successful history in the real estate market.
- Diverse Portfolio: The REIT holds a diverse portfolio of high-quality properties across various geographic locations, providing stability and risk diversification.
- Strong Financial Performance: Inovalis REIT has consistently generated healthy financial results, showcasing its ability to generate sustainable income and distribute dividends to its investors.
- Experienced Management Team: The REIT is supported by an experienced and knowledgeable management team, skilled in real estate investments, property management, and capital allocation.
Weaknesses
- Dependence on Economic Conditions: Inovalis REIT's performance is sensitive to economic fluctuations, impacting demand for its properties and potential rental income.
- Limited Market Presence: The REIT may face challenges in expanding its market presence and competing with larger, more established players in the industry.
- Currency Risk Exposure: Operating in multiple countries exposes Inovalis REIT to currency risks, potentially affecting its financial performance and distributions.
Opportunities
- Real Estate Market Growth: The overall growth of the real estate market presents opportunities for Inovalis REIT to acquire additional properties, enhance its portfolio, and generate increased returns.
- International Expansion: The REIT can explore expansion into new international markets, leveraging its expertise and track record in property investing.
- Sustainable and Green Investments: Investing in environmentally friendly properties can not only contribute to a positive corporate image but also align with the growing popularity of sustainable investments.
Threats
- Economic Downturns and Market Volatility: Inovalis REIT is susceptible to economic downturns, market volatility, and potential decreases in property values, which could impact its financial performance.
- Regulatory Changes: Changes in government regulations and policies related to real estate investment and taxation can impose additional compliance burdens and impact the profitability of the REIT.
- Competitive Market Landscape: The real estate industry is highly competitive, with potential new entrants and existing competitors vying for attractive properties and tenants.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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