Good to see a small cap stock profiled.

INO.UN is one of only two REITs listed on the TSX that provide 100% exposure to European office property (the other being DRG.UN).
I believe that both are solid and own both.

DRG.UN has done an excellent job of diversifying away from Deutsche Post since its IPO (its high exposure to this one tenant held back the stock price in the eraly days after its IPO). 
Re INO.UN. its relationship with its manager, Inovalis SA, which owns 15.9% of the stock, is a plus in my opinion.