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Waterloo

Revenue increased 7% in 2007 when compared to 2006 for the three office buildings known as the Waterloo Technology Campus. The improvement in revenue is mainly due to 2007 being the first full year of 100% ownership of the 412 Albert Street building. Occupancy is 100% with 3% leased on a temporary basis to an already existing tenant. This tenant is still examining its long-term spatial requirements and currently the possibility of an expansion is being contemplated.

The local economy of Waterloo remains strong with the commercial office market being in tandem. Quality premises in prime areas are at a premium.

 408 Albert Street
 410 Albert Street
 412 Albert Street