Successful launch of Alignvest Student Housing Real Estate Investment Trust with demand for units well in excess of targeted first close Canada NewsWire TORONTO, July 3, 2018 /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 3, 2018 /CNW/ - Alignvest Management Corporation ("Alignvest") is pleased to announce the launch of Alignvest Student Housing Real Estate Investment Trust ("ASH REIT"), an investment vehicle focused exclusively on consolidating the highly-fragmented Canadian Purpose-Built Student Accommodation ("PBSA") real estate sector. ASH REIT has launched with over $65 million of capital commitments.