CT Real Estate Investment Trust Declares Distribution for the Period of June 1, 2024 to June 30, 2024, Payable on July 15, 2024
June 14, 2024 at 08:30 am
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CT Real Estate Investment Trust announced that the trustees of CT REIT have declared a distribution for the period of June 1, 2024 to June 30, 2024 of $0.07710 per trust unit, payable July 15, 2024 to unitholders of record on June 28, 2024. This distribution, if annualized, would represent a rate of $0.92520 per annum. As previously announced, this distribution represents a 3.0% increase compared to the prior monthly distribution of $0.07485 per trust unit.
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 leasable area, consisting primarily of net lease single-tenant 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.
CT REAL ESTATE INVESTMENT TRUST 
