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184 Main Collins Street | West victoria 8007

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Land & Buildings has monitored Apartment Investment and Management Company (“Aimco”, “AIV” or the “Company”) for decades and believes there is tremendous value trapped in AIV shares. Despite our sincere efforts to engage constructively with the Company’s Board of Directors and management team, both pre and post-Spin, regarding our concerns and the opportunities that we believe are available to drive value, Aimco has been unwilling to address the level of change that we believe is required to put the Company on a better path forward to maximize value for all shareholders.

We are therefore seeking your support to elect two Land & Buildings nominees at the upcoming 2022 Aimco Annual Meeting. We believe these candidates collectively bring relevant industry, leadership, financial, and corporate governance experience into the boardroom to help instill a sorely needed culture of accountability at Aimco that can drive improved performance and governance

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      Who We Are

      Land & Buildings has driven strong returns and protected client capital in a liquid real estate strategy for 14 years, providing clients diversification and an inflation hedge. Land & Buildings has established itself as the preeminent activist hedge fund in public real estate. The tenured investment team utilizes deep fundamental analysis and select activism to find and unlock value in discounted real estate in the public markets.

      Land & Buildings has been a leading force in modernizing REIT ESG practices. Land & Buildings has been a fierce stakeholder advocate over the past decade as the only dedicated public real estate activist, often pushing for significant governance reforms in the traditionally shareholder-unfriendly REIT industry.


      Letter to Shareholders

      Land & Buildings Issues Letter to Aimco Board Calling for Sale Process

      April 18, 2023

      Letter to Shareholders

      Aimco Shareholders Elect Land & Buildings Nominee to the Board at the 2022 Annual Meeting

      December 16, 2022

      Letter to Shareholders

      Land & Buildings Issues Letter to Aimco Shareholders Highlighting Why Board Change Is Needed Now

      December 12, 2022

      Letter to Shareholders

      ISS Recommends Aimco Shareholders Vote for Change

      December 5, 2022

      Shareholder Presentation

      Land & Buildings Responds to Aimco’s Misrepresentations

      November 25, 2022

      Letter to Shareholders

      Land & Buildings Issues Presentation Detailing Urgent Need for Change at Aimco

      November 21, 2022

      Shareholder Presentation

      Aim Higher – Improving Stewardship to Reverse Underperformance and Unlock Trapped Value

      November 18, 2022

      Letter to Shareholders

      Land & Buildings Issues Letter to Aimco Shareholders

      October 28, 2022

      Proxy Statement

      L&B issues proxy statement for vote on proposed nominees

      October 20, 2022

      How To Vote

      Detailed instructions on how to vote for L&B's Board of Director nominees

      October 20, 2022