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TORONTO, June 15, 2023 /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, 2023 to June 30, 2023 of $0.07485 per trust unit, payable July 17, 2023 to unitholders of record on June 30, 2023. This distribution, if annualized, would represent a rate of $0.89821 per annum. As previously announced, this distribution represents a 3.5% increase compared to the prior monthly distribution of $0.07232 per trust unit.
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease 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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Media: Canadian Tire Media Hotline, 416-480-8453, [email protected]; Investors: Lesley Gibson, 416-480-8566, [email protected]
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