Subversive Real Estate Acquisition REIT LP Statement Regarding Recent Media Coverage

TORONTO, Oct. 6, 2020 /CNW/ - Subversive Real Estate Acquisition REIT LP (NEO: SVX.U) (NEO: SVX.RT.U) (OTCBB: SBVRF) (the "REIT LP") is aware of a Benzinga article dated October 6, 2020, regarding a potential qualifying transaction for the REIT LP. The REIT LP confirmed that it is in discussions regarding such a transaction, but has not finalized definitive agreements and will disclose details regarding any potential transaction if and when it is legally required or otherwise appropriate to do so. 

About Subversive Real Estate Acquisition REIT LP

Subversive Real Estate Acquisition REIT LP is a limited partnership formed under the Limited Partnerships Act (Ontario) for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, equity exchange, asset acquisition, equity purchase, reorganization, or any other similar business combination.

Forward-Looking Statements

This press release may contain forward–looking information within the meaning of applicable securities legislation, which reflects the REIT LP's current expectations regarding future events. Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the REIT LP's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. The REIT LP does not undertake any obligation to update such forward–looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Subversive Real Estate Acquisition REIT LP

Subversive Real Estate Acquisition REIT LP, Richard Acosta, Chief Executive Officer of Subversive Real Estate Acquisition REIT (GP) Inc., [email protected]