Investment Trust (the "REIT") announced today it has entered
into a binding agreement to sell
Wetaskiwin Mall, located in Wetaskiwin,
Alberta. The closing is expected
to occur in
mid
February subject to customary closing conditions.
The REIT also announced today it has declared its cash
distributions for the months of January, February and March
2012 as per the following schedule:
Month
Record Date
Distribution Date Distribution Amount
January 2012 January 31, 2012 February 15, 2012 $0.0375
February 2012 February 29, 2012 March 15, 2012
$0.0375
March 2012 March 30, 2012
April 13, 2012
$0.0375
Distributions paid to Unitholders who are non-residents of
Canada will be subject to Canadian withholding tax.
Retrocom Mid-Market REIT is an Ontario unincorporated
open-end real estate investment trust which focuses on owning
and acquiring community-based commercial properties in
primary and
secondary cities across Canada with the
objective of
producing
a geographically diversified
portfolio of properties with stable and growing cash flows.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, which may be made only by means of a prospectus, nor shall there be any sale of the Units in any state, province or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state, province or other jurisdiction. The Units of the Retrocom Mid-Market REIT have not been, and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States absent registration or an application for exemption from the registration requirements of U.S. securities laws.
Cautionary Statements
This press release contains forward-looking statements. In
some cases, forward-looking statements can be identified by
the use of words such as "may", "will",
"should", "expect", "plan",
"anticipate", "believe",
"estimate", "predict",
"potential", "continue", and by
discussions of strategies that involve risks and
uncertainties. The forward-looking statements are based on
certain key expectations and assumptions made by the REIT. By
their nature, forward-looking statements involve numerous
assumptions, inherent risks and uncertainties, both general
and specific, that contribute to the possibility that the
predictions, forecasts, projections and various future events
will not occur. Although management of the REIT believes that
the expectations reflected in the forward-looking statements
are reasonable, there can be no assurance that future
results, levels of activity, performance or achievements will
occur as anticipated. Neither the REIT nor any other person
assumes responsibility for the accuracy and completeness of
any forward-looking statements, and no one has any obligation
to update or revise any forward- looking statement, whether
as a result of new information, future events or such other
factors which affect this information, except as required by
law.
For further information: Richard Michaeloff, Chief Executive
Officer, Tel: (416) 741-7999 x5227, Fax: (416) 741-7993,
E-mail: rmichaeloff@rmmreit.com.
distribué par | Ce noodl a été diffusé par Retrocom Mid-Market Real Estate Investment Trust et initialement mise en ligne sur le site http://www.rmmreit.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-13 20:07:31 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
Documents associés | |
News release - English |