On February 14, 2025, Real Estate Split Corp. announced a $150 million at-the-market (ATM) offering, consisting of $75 million in Preferred Shares and $75 million in Class A Shares listed on the Toronto Stock Exchange (TSX) under RS.PR.A and RS, respectively. The offering is being conducted through National Bank Financial Inc., acting as the agent, with shares sold at prevailing market prices. The TSX conditionally approved the listing, subject to meeting its requirements. The preferred shares were rated Pfd-3 (high) by DBRS, indicating adequate credit quality.

Legal advisors include Fasken Martineau DuMoulin LLP for Real Estate Split Corp. and McCarthy Tétrault LLP for National Bank Financial Inc..

The company intends to use the proceeds in line with its investment strategy in dividend-paying real estate securities, including REITs in E-Commerce, data infrastructure, multi-family, retail, office, and healthcare sectors. The offering will remain open until March 13, 2027, providing flexibility in capital raising.