TSX:IIP.UN - Post by User
Post by
raylewison Feb 21, 2007 9:10pm
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Wait no longer...
Wait no longer...InterRent Real Estate Investment Trust (TSX-V:IIP.UN) ("InterRent") announced today that its distribution declared for the month of February 2007 is $0.0317, representing $0.38 per Unit on an annualized basis. Payment will be made on or about March 15, 2007 to Unitholders of record on February 28, 2007. The REIT also announced that holders of Class B limited partner units of InterRent Holdings Limited Partnership (a subsdiairy of the REIT) shall receive $0.0317 per limited partner unit for the month of February, payable on or about March 15, 2007.
At the close of business on February 19, 2007, InterRent had 14,378,156 units issued and outstanding, which together with 774,063 class B limited partner units of InterRent Holdings Limited Partnership outstanding, results in an aggregate of 15,152,219 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to limited partner units of InterRent Holdings Limited Partnership.
Holders of Units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the REIT.
TSX Listing
InterRent is also pleased to announce that it has recently applied to list its outstanding Units on the Toronto Stock Exchange ("TSX"). If approved, listing will be subject to InterRent fulfilling the listing requirements of the TSX.