Real Estate & E-Commerce
TSX Symbol (Reserved): Class A Share: RS Preferred Share: RS.PR.A
Split Corp.
MIDDLEFIELD EXCHANGE OFFER AND CASH OPTION IF YOU OWN SECURITIES OF ANY OF THE FOLLOWING ISSUERS, YOU ARE INVITED TO EXCHANGE THOSE SECURITIES FOR SHARES OF REAL ESTATE & E-COMMERCE SPLIT CORP. - DEADLINE: PRIOR TO 5:00 P.M. (TORONTO TIME) ON OCTOBER 27, 2020 Real Estate & E-Commerce Split Corp. (the “Company”) is offering units, comprised of one preferred share and one class A share, or class A shares of the Company by exchanging securities of issuers listed here or for cash subscriptions. Prospective purchasers under the exchange option will be required to deposit their exchange eligible securities prior to 5:00 p.m. (Toronto time) on October 27, 2020 in the manner described in the preliminary prospectus of the Fund dated October 7, 2020. The Company’s investment objectives for the: Class A shares are to provide holders with: (i) non-cumulative monthly cash distributions; and (ii) the opportunity for capital appreciation through exposure to the portfolio Preferred shares are to: (i) provide holders with fixed cumulative preferential quarterly cash distributions; and (ii) return the original issue price of $10.00 to holders upon maturity. The initial target distribution yield for the class A shares is 8% per annum based on the original subscription price (or $0.10 per month or $1.20 per annum). The initial target distribution yield for the preferred shares is 5.25% per annum based on the original subscription price (or $0.13125 per quarter or $0.525 per annum). Middlefield Capital Corporation (the “Advisor”) will provide investment management advice to the Company.
LONG-TERM VALUE ISSUERS Allied Properties REIT Artis REIT Atrium Mortgage Investment Corp Automotive Properties REIT AvalonBay Communities Inc Boardwalk REIT Boston Properties Inc Brookfield Asset Management Inc Brookfield Property Partners LP BSR REIT Canadian Apartment Propty REIT Chartwell Retirement Residences Choice Properties REIT Cominar REIT Crombie REIT CT REIT Dream Office REIT DREAM Unlimited Corp Equity Residential European Residential REIT Extendicare Inc Firm Capital Apartment REIT Firm Capital Mortgage Invest. Corp
AP.UN AX.UN AI APR.UN AVB BEI.UN BXP BAM/A BPY.UN HOM/U CAR.UN CSH.UN CHP.UN CUF.UN CRR.UN CRT.UN D.UN DRM EQR ERE.UN EXE FCA.UN FC
Firm Capital Property Trust First Capital REIT H&R REIT Healthpeak Properties Inc Inovalis REIT InterRent REIT Killam Apartment REIT Mainstreet Equity Corp Minto Apartment REIT Morguard Corp Morguard North American Residential REIT Morguard REIT Nexus REIT NorthWest Healthcare Propty. REIT Plaza Retail REIT PRO REIT RioCan REIT Sienna Senior Living Inc Simon Property Group Inc Slate Grocery REIT SmartCentres REIT Tricon Residential Inc Ventas Inc
FCD.UN FCR.UN HR.UN PEAK INO.UN IIP.UN KMP.UN MEQ MI.UN MRC MRG.UN MRT.UN NXR.UN NWH.UN PLZ.UN PRV.UN REI.UN SIA SPG SGR.UN SRU.UN TCN VTR
COLD DIR.UN DRE GRT.UN PLD
Public Storage STAG Industrial Inc StorageVault Canada Inc Summit Industrial Income REIT Terreno Realty Corp WPT Industrial REIT
PSA STAG SVI SMU.UN TRNO WIR/U
INDUSTRIAL ISSUERS Americold Realty Trust Dream Industrial REIT Duke Realty Corp Granite REIT Prologis Inc
SPECIALIZED ISSUERS American Tower Corp CoreSite Realty Corp Crown Castle International Corp CyrusOne Inc Digital Realty Trust Inc
AMT COR CCI CONE DLR
Equinix Inc FirstService Corp QTS Realty Trust Inc Real Matters Inc SBA Communications Corp
EQIX FSV QTS REAL SBAC
OTHER ISSUERS
(L to R) JEREMY BRASSEUR, Managing Director, Corporate Finance, NANCY THAM, Managing Director, Sales and Marketing, DEAN ORRICO, President and Chief Investment Officer and ROB LAUZON, Managing Director and Deputy Chief Investment Officer
Algonquin Power & Utilities Corp AQN Manulife Financial Corp Alphabet Inc GOOGL Mastercard Inc Apple Inc AAPL Netflix Inc AT&T Inc T (US) NVIDIA Corp Bank of Montreal BMO PayPal Holdings Inc Bank of Nova Scotia/The BNS Premium Brands Holdings Corp BCE Inc BCE Quebecor Inc Canadian Imperial Bank of Commerce CM Rogers Communications Inc CGI Inc GIB/A Royal Bank of Canada Cisco Systems Inc CSCO Shaw Communications Inc Emera Inc EMA Shopify Inc Enbridge Inc ENB Square Inc First National Financial Corp FN Sun Life Financial Inc Fortis Inc/Canada FTS TELUS Corp Intel Corp INTC Toronto-Dominion Bank/The Inter Pipeline Ltd IPL Verizon Communications Inc Lightspeed POS Inc LSPD
MFC MA NFLX NVDA PYPL PBH QBR/B RCI/B RY SJR/B SHOP SQ SLF T TD VZ
To learn more about Real Estate & E-Commerce Split Corp. , speak with your financial advisor or contact us at: Middlefield Limited 812 Memorial Drive NW Calgary, Alberta T2N 3C8
First Canadian Place 58th Floor, P.O. Box 192 Toronto, Ontario M5X 1A6
1-888-890-1868 invest@middlefield.com www.middlefield.com
A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from any of the agents named above using the contact information for such agent. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.
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