Ikigai Impact Immobilier Inc.

Ikigai Impact Immobilier Inc. was formed on July 1, 2025, through the merger of Société Immobilière Fierbrooke Inc. and Collectif Fierbrooke Inc. The company invests across development, value-add, and stabilized residential assets, with a disciplined focus on execution-driven value creation.

Ronde 3 represents the platform’s first major expansion outside Quebec, targeting entry into the Edmonton market, an environment characterized by strong affordability metrics, resilient demand fundamentals, and attractive pricing relative to replacement cost. The strategy is designed to generate returns through operational improvements, rent optimization, and disciplined capital structuring rather than reliance on market appreciation.

• Execution-Led Strategy: Value creation driven by operational improvements, expense optimization, and rent gap reduction rather than market timing
• Attractive Market Entry: Strategic expansion into Edmonton, where pricing per unit remains materially below major Canadian markets
• Hybrid Equity Structure: Combination of preferred shares for capital protection and common shares for long-term equity participation
• Inflation Protection: NOI growth generated by bringing under-market rents toward market levels (7–12% gap)
• Impact-Oriented Mandate: Investments aligned with affordability, environmental responsibility, heritage preservation, and community development
• Manager Alignment: Principals have co-invested over $4.6 million of their own capital alongside investors

Ikigai Impact’s portfolio currently includes 50 properties comprising over 300 residential units and approximately $86 million in assets under management. Ronde 3 targets accelerated growth through the acquisition and stabilization of 500–1,000 multi-family units in Edmonton, Alberta.

Assets are selected based on operational inefficiencies, including elevated expense ratios and below-market rents, allowing the platform to create internal NOI growth through active management. The strategy emphasizes long-term ownership, with refinancing of stabilized assets expected to return investor capital within a 5–7 year horizon while retaining residual equity upside.