/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES/
TORONTO, July 22, 2014 /CNW/ - Inovalis Real Estate Investment Trust
(the "REIT") (TSX: INO.UN) announced today that its Board of Trustees has declared
the REIT's monthly cash distribution of CDN$0.06875 per unit for the
period from July 1, 2014 to July 31, 2014. The distribution will be
payable on August 15, 2014 to unitholders of record as of the close of
business on July 31, 2014.
Distributions paid to unitholders who are non-residents of Canada will
be subject to applicable Canadian withholding tax. For Canadian federal
income tax purposes, the REIT gives guidance that 75 percent of the
above-mentioned distribution can be considered to be a return of
capital and 25 percent of the distribution can be considered to be a
distribution of trust income.
About Inovalis Real Estate Investment Trust
Inovalis Real Estate Investment Trust is an unincorporated, open-ended
real estate investment trust established pursuant to a declaration of
trust under the laws of the Province of Ontario. The REIT has been
created for the purpose of acquiring and owning office properties
primarily located in France and Germany but also opportunistically in
other European countries where assets meet the REIT's investment
criteria. The REIT currently owns an interest in five office properties
in France and Germany, comprising 746,698 square feet (69,370 square
metres) of gross leasable area.
SOURCE Inovalis Real Estate Investment Trust
Antoine Tronquoy,
Chief Financial Officer
Inovalis Real Estate Investment Trust
antoine.tronquoy@inovalis.com
Tel: +1 416 845 1483
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