1 Palliser Square Announces Private Placement of Trust Units

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Last update: Jul 10, 2024

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TORONTO, July 10, 2024 (GLOBE NEWSWIRE) -- Timbercreek Alternatives LP, a subsidiary of Timbercreek Capital (“Timbercreek Alternatives” or the “Manager”) and Aspen Properties (“Aspen”) are pleased to announce they have entered into a joint venture to form 1 Palliser Square LP (the “LP”), which intends to complete a private placement offering of up to 3,000,000 Series A units (“Series A Units”), Series C units (“Series C Units”) and Series F units (“Series F Units”, and together with Series A Units and Series C Units, “Units”) at an initial offering price of $10.00 per Unit.