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TORONTO, Aug. 14, 2020 /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 August 1, 2020 to August 31, 2020 of $0.06693 per trust unit, payable September 15, 2020 to unitholders of record on August 31, 2020. This distribution, if annualized, would represent a rate of $0.80316 per annum. As previously announced, this distribution represents a 2.0% increase compared to the prior monthly distribution of $0.06562 per trust unit or $0.78744 if annualized.
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (TSX:CRT.UN) 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 28 million square feet of GLA, consisting primarily of retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT’s most significant tenant. For more information, visit ctreit.com.
SOURCE CT Real Estate Investment Trust (CT REIT)
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