MONTREAL, May 6, 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 May 2016. The distribution will be payable on June 15, 2016 to unitholders of record as at May 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, directly or indirectly, seventeen properties located in QuÃ©bec, comprising more than 874,000 square feet of gross leasable area.
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SOURCE Nobel Real Estate Investment Trust