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TORONTO, June 15, 2021 /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 June 1, 2021 to June 30, 2021 of $0.06994 per trust unit, payable July 15, 2021 to unitholders of record on June 30, 2021. This distribution, if annualized, would represent a rate of $0.83930 per annum. As previously announced, this distribution represents a 4.5% increase compared to the prior monthly distribution of $0.06693 per trust unit or $0.80316 if annualized.
About CT REIT
CT REIT 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 29 million square feet of GLA, consisting primarily of net leased single-tenant 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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