MONTREAL, March 18, 2016 /CNW Telbec/ – (TSXV:NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of March 2016. The distribution will be payable on April 15, 2016 to unitholders of record as at March 31, 2016.
About Nobel REIT
Nobel REIT is an unincorporated open-ended real estate investment trust governed by the laws of the Province of QuÃ©bec. Nobel REIT has been created for the purpose of acquiring and owning income producing properties. The REIT focuses on acquiring commercial retail, mixed-used retail, industrial and office properties in the primary markets in the Province of QuÃ©bec and Canada. Nobel REIT currently owns, in whole or in part, sixteen properties located in QuÃ©bec, comprising 763,729 square feet of gross leasable area.
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SOURCE Nobel Real Estate Investment Trust