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CT Real Estate Investment Trust T.CRT.UN

Alternate Symbol(s):  CTRRF

CT Real Estate Investment Trust is a Canada-based unincorporated, closed-end real estate investment trust (REIT) formed to own income-producing commercial properties located primarily in Canada. The Company's principal objective is to invest primarily in net lease, single tenant assets, is to create unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. To achieve this objective, management is focused on expanding the REIT's asset base while also increasing its adjusted funds from operations (AFFO) per unit. Its portfolio is comprised of over 370 properties totaling approximately 30 million square feet of Gross living area (GLA), consisting primarily of net lease retail properties located across Canada. Its property types include development, industrial, mixed use, multi-tenant and single tenant. Its properties are located in various regions, such as Western Canada, Atlantic Canada, Ontario and Quebec.


TSX:CRT.UN - Post by User

Post by Betteryear2on Sep 15, 2021 8:48am
139 Views
Post# 33860610

Distribution for Period of September 1 to September 30 2021

Distribution for Period of September 1 to September 30 2021

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTO, Sept.15, 2021 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of September 1, 2021 to September 30, 2021 of $0.06994 per trust unit, payable October 15, 2021 to unitholders of record on September 30, 2021. This distribution, if annualized, would represent a rate of $0.83930 per annum. 

About CT REIT

CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 350 properties totalling approximately 29 million square feet of GLA, consisting primarily of net leased single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.

 
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