Michael Frank Phillet

First West Properties Ltd. (formerly Aveiro Investment Corp.) is an Alberta based real estate investment company building a portfolio of real estate assets in secondary markets in western Canada consisting primarily of income producing properties and other real estate to which management can conduct activity to provide fundamental value growth. First West Properties identifies and acquires, directly or indirectly, what management believes to be real estate with short and medium term price appreciation potential and the potential for added value through, among other things, leasing vacant space in acquired properties, re-leasing space as it comes up for renewal at market rents and moving land through the land use planning process. Management expects to generally invest in western Canada, however, it will not be constrained by geographical location. Any acquisition or investment decision will include an evaluation assessment of the expected risks and risk adjusted rates of return.

First West Properties Ltd. (formerly Aveiro Investment Corp.) is an Alberta based real estate investment company building a portfolio of real estate assets in secondary markets in western Canada consisting primarily of income producing properties and other real estate to which management can conduct activity to provide fundamental value growth. First West Properties identifies and acquires, directly or indirectly, what management believes to be real estate with short and medium term price appreciation potential and the potential for added value through, among other things, leasing vacant space in acquired properties, re-leasing space as it comes up for renewal at market rents and moving land through the land use planning process. Management expects to generally invest in western Canada, however, it will not be constrained by geographical location. Any acquisition or investment decision will include an evaluation assessment of the expected risks and risk adjusted rates of return.

First West Properties Ltd. (formerly Aveiro Investment Corp.) is an Alberta based real estate investment company building a portfolio of real estate assets in secondary markets in western Canada consisting primarily of income producing properties and other real estate to which management can conduct activity to provide fundamental value growth. First West Properties identifies and acquires, directly or indirectly, what management believes to be real estate with short and medium term price appreciation potential and the potential for added value through, among other things, leasing vacant space in acquired properties, re-leasing space as it comes up for renewal at market rents and moving land through the land use planning process. Management expects to generally invest in western Canada, however, it will not be constrained by geographical location. Any acquisition or investment decision will include an evaluation assessment of the expected risks and risk adjusted rates of return.