Flagship Communities Real Estate Investment Trust (TSX:MHC.UN) is seeking acquisitions. Nathan Smith, Chief Investment Officer, Trustee said that ?Turning now to acquisitions, we remain disciplined in our approach. This year we completed several acquisitions, including a top-tier asset in Evansville, Indiana as well as a resort style community.

These acquisitions adhere to our strict criteria, which as follows. First, we're looking for opportunities that will be accretive to our adjusted funds from operation per unit. Second, we are seeking opportunities that will enable us to leverage management synergies and generate economies of scale.

And finally, we're seeking acquisition targets within our current markets or adjacent US state where we currently operate with similar regulatory framework and characteristics as the existing markets within our portfolio?.