TORONTO, ONTARIO–(Marketwired – May 15, 2017) –
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE
(TSX:ONR.UN) OneREIT announced today it has declared cash distributions for the months of July, August and September, 2017 as per the following schedule:
|Month||Record Date||Distribution Date||Distribution Amount|
|July 2017||July 31, 2017||August 15, 2017||$0.025|
|August 2017||August 31, 2017||September 15, 2017||$0.025|
|September 2017||September 29, 2017||October 13, 2017||$0.025|
Distributions paid to Unitholders who are non-residents of Canada will be subject to Canadian withholding tax.
OneREIT is an unincorporated, open-end real estate investment trust which focuses on owning and acquiring retail properties across Canada with the goal of enhancing long-term Unitholder value.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, which may be made only by means of a prospectus, nor shall there be any sale of the Units in any state, province or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state, province or other jurisdiction. The Units of the OneREIT have not been, and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States absent registration or an application for exemption from the registration requirements of U.S. securities laws.
Chief Executive Officer
(416) 741-7993 (FAX)