Re: Rents for Vancouver, Calgary and Winnipeg

--00000000000052c96f05ee036015 Content-Type: multipart/alternative; boundary="00000000000052c96d05ee036014" --00000000000052c96d05ee036014 Content-Type: text/plain; charset="UTF-8" Great, thanks! On Mon, Nov 21, 2022 at 2:12 PM Timothy Thomas wrote: > ]see Hua's response below. > > And for Winnipeg we moved to a new space and had a 1 month overlap if I'm > not mistaken. Please let me know if you have any further questions. > > Thanks! > > ---------- Forwarded message --------- > From: Hua Wu > Date: Mon, Nov 21, 2022 at 4:06 PM > Subject: Re: Rents for Vancouver, Calgary and Winnipeg > To: Timothy Thomas > > > Hi Tim > > Vancouver Sep rent expense included $1.6K 2021 opex adjustment paid to > Prime Time Living (their landlord), on top of the normal rent. > > The $6K for Calgary is actually their normal rent amount. Because of the > new lease, they get the first few months (I think it was the first two > months, Chuck might have to confirm) of free base rent, so they were only > paying the monthly opex cost at the beginning. > > $9K for Montreal is the usual monthly amount. August was > lower because they got a credit for the 2021 opex cost adjustment. > > Thanks. > > Hua > > > > On Mon, Nov 21, 2022 at 1:12 PM Timothy Thomas wrote: > >> Hi Hua, >> >> Can you remind me why we saw these rent increases in September? >> >> I believe Winnipeg carried the new location but not sure about the >> others... >> >> Thanks >> >> ---------- Forwarded message --------- >> From: Alexander Bench >> Date: Mon, Nov 21, 2022 at 3:08 PM >> Subject: Rents for Vancouver, Calgary and Winnipeg >> To: Timothy Thomas , Angie Markwell > angie.markwell@thekey.com> >> Cc: Mitch Belitz >> >> >> Hi Tim, >> >> Please find attached the detail around the rents for Vancouver, Winnipeg, >> and Calgary. >> >> In the screenshot below you can see the rents month over month for the >> past 6 months for your reference. All figures are in CAD. >> >> >> [image: image.png] >> >> >> Thanks >> Alex >> >> -- >> Alex Bench >> (949) 981-7792 >> >> >> -- >> Tim Thomas >> Head of Canada Division >> *Please note my email has changed:* >> tt@TheKey.com >> (514) 591-9387 >> TheKey.com >> [image: TheKey] >> > > > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.com > [image: TheKey] > -- Alex Bench (949) 981-7792 --00000000000052c96d05ee036014 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Great, thanks! On Mon, Nov 21, 2022 at 2:12 PM Timothy Thom= as < tt@thekey.com > wrote: ]see = Hua's response below. And for Winnipeg we moved to a= new space and had a 1 month overlap if I'm not mistaken. Please let me= know if you have=C2=A0any further questions. Than= ks! ---------- Forwarded message --------- From: Hua Wu < hua.wu@thekey.com > Date: Mon, Nov 21, 2022 at 4:06 PM Subject: Re: Rents for Vancouver, C= algary and Winnipeg To: Timothy Thomas < tt@thekey.com > Hi Tim Vancouver Sep rent expense included $1.6K 2021= opex adjustment paid to Prime Time Living (their landlord), on top of the = normal rent. The $6K for Calgary is actually their= normal rent amount. Because=C2=A0of the new lease, they get the first few = months (I think it was the first two months, Chuck might have to confirm) o= f free base rent, so they were only paying the monthly opex cost at the beg= inning. $9K for Montreal is the usual monthly amou= nt. August was lower=C2=A0because=C2=A0they got a credit for the 2021 opex = cost adjustment. Thanks. = Hua On Mon, Nov 21, 2022 at 1:12 PM = Timothy Thomas < tt@th= ekey.com > wrote: Hi Hua, Can you remind me why w= e saw these rent increases in September? I believe= Winnipeg carried the new location but not sure about the others... Thanks ---------- Forwarded message --------- From: Alexander Bench < = alex.bench@thekey.com > Date: Mon, Nov 21, 2022 at 3:08 PM Subject: Rents for Vancouver, Calgary and Winnipeg To: Timothy Thomas= < tt@thekey.com &g= t;, Angie Markwell < angie.markwell@thekey.com > Cc: Mitch Belitz < mitch.belitz@thekey= .com > Hi Tim, Please find attached the detail around the rents for Vancouver, W= innipeg, and Calgary. In the screenshot below you = can see the rents month over month for the past 6 months for your reference= . All figures are in CAD. Thanks Alex -- Alex Bench (949) 981-7792 -- Tim Thomas Head of Canada Division Please note my email has changed: tt@TheKey.com