ICM Property Partners Trust Temporarily Suspends Redemptions

(October 14, 2025 – Calgary, Alberta) – ICM Property Partners Trust (the “Fund”), today announced that it has suspended redemptions of units of the Fund (the “Units”). The suspension applies to all pending and new redemption requests received while the suspension is in effect.

The Fund expects to continue to pay its regular monthly distributions to all unitholders. Notably, all other ICM-managed funds remain unaffected.

This action has been taken to protect the long-term interests of investors and to preserve the value of the Fund’s assets for the benefit of all unitholders. Recent market conditions have been characterized by irregular liquidity dynamics across private real estate markets, which has resulted in significant redemptions of the Fund that, in the opinion of ICM, does not reflect the Fund’s performance.

ICM is committed to regular communication and transparency throughout this period. The suspension is intended to be temporary and will be reviewed on an on-going basis as liquidity events occur, and broader market conditions improve.

About ICM Asset Management

Founded in 2003, ICM Asset Management is a global alternative asset manager with over C$2.0 billion in assets under management. The firm invests across real estate, music royalties, and other alternative strategies, managing capital on behalf of institutional investors, family offices, and financial advisors throughout North America.