Page 19 of 32 – SEC Filing
Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.” FrontFour Capital and Sandpiper GP are parties to a group agreement and each of the Reporting Persons is party to a joint filing agreement, each as further described in Item 6. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D. |
(b) The principal business address of each of FrontFour Capital, FrontFour Corp., the Canadian Fund and Messrs. Loukas, Lorber and George is 35 Mason Street, 4th Floor, Greenwich, Connecticut 06830. The principal business address of each of the Value Fund and the Value Fund GP is c/o Norton Rose Fulbright Canada LLP, 200 Bay Street, Suite 3800, Toronto, Ontario M5J 2Z4. The principal business address of the Master Fund is c/o Intertrust Cayman, 190 Elgin Avenue, George Town, Grand Cayman KY1-9007, Cayman Islands. The principal business address of each of Sandpiper, Sandpiper Real Estate LP, Stone Opportunity LP, Sandpiper GP and Mr. Manji is 200 Burrard Street, Suite 1670, Vancouver, British Columbia V6C 3L6. The principal business address of Mr. Salim Manji is 4576 Yonge Street, Suite 300, Toronto, Ontario M2N 6N4. |
The directors, executive officers and principals of each of FrontFour Capital, the Value Fund, the Value Fund GP, the Master Fund, the Canadian Fund, FrontFour Corp., Sandpiper, Sandpiper Real Estate LP, Stone Opportunity LP and Sandpiper GP and their principal occupations and business addresses are set forth on Schedule A attached hereto and are incorporated by reference in this Item 2. To the best of the Reporting Persons’ knowledge, except as otherwise set forth herein, none of the persons listed on Schedule A beneficially owns any securities of the REIT or GP or is a party to any contract, agreement or understanding required to be disclosed herein. |
(c) The principal business of each of the Value Fund, the Master Fund and the Canadian Fund is investing in securities. |
The principal business of the Value Fund GP is serving as the general partner of the Value Fund. |
The principal business of FrontFour Capital is serving as the investment manager of the Master Fund and of accounts it separately manages (the “Separately Managed Accounts”). The principal occupation of each of Messrs. Loukas, Lorber and George is serving as a managing member and principal owner of FrontFour Capital and serving as directors of the Value Fund GP. By virtue of these relationships, each of (i) FrontFour Capital and Messrs. Loukas, Lorber and George may be deemed to beneficially own the Stapled Units directly owned by the Master Fund, the Separately Managed Accounts and the Albert Fried, Jr. 2013 Revocable Trust (the “Albert Fried Trust”), and (ii) each of the Value Fund GP and Messrs. Loukas, Lorber and George may be deemed to beneficially own the Stapled Units directly owned by the Value Fund. |
The principal business of FrontFour Corp. is serving as the investment manager of the Canadian Fund. Messrs. Loukas, Lorber and George are the principal owners and the directors of FrontFour Corp. By virtue of these relationships, each of FrontFour Corp. and Messrs. Loukas, Lorber and George may be deemed to beneficially own the Stapled Units directly owned by the Canadian Fund. |
The principal business of each of Sandpiper Real Estate LP and Stone Opportunity LP is investing directly or indirectly in real estate. The principal occupation of each of Messrs. Manji and Salim Manji is serving as a chief executive officer and director, respectively, and as indirect principal owner of Sandpiper. The principal business of Sandpiper GP is serving as the general partner of Sandpiper Real Estate LP and Stone Opportunity LP. The principal business of Sandpiper is to manage and control, whether directly or indirectly, the investments and activities of Sandpiper Real Estate LP and Stone Opportunity LP. Messrs. Manji and Salim Manji may be deemed to beneficially own the Stapled Units directly owned by Sandpiper Real Estate LP and Stone Opportunity LP. |