MONTREAL, May 20, 2015 /CNW Telbec/ – (TSXV: NEL.UN) The Nobel Real Estate Investment Trust (the « REIT » or « Nobel REIT ») is pleased to announce today a cash distribution of $0.001716 per trust unit of the REIT for the month of May 2015. The distribution will be payable on June 15, 2015 to unitholders of record as at May 29, 2015.
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 will focus on acquiring commercial retail, mixed-used retail, and industrial and suburban office properties in the primary and secondary markets in the Province of QuÃ©bec. Nobel REIT currently owns nine properties located in QuÃ©bec, comprising 422,904 square feet of gross leasable area.
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SOURCE Nobel Real Estate Investment Trust