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TORONTO, June 14, 2024 /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, 2024 to June 30, 2024 of $0.07710 per trust unit, payable July 15, 2024 to unitholders of record on June 28, 2024. This distribution, if annualized, would represent a rate of $0.92520 per annum. As previously announced, this distribution represents a 3.0% increase compared to the prior monthly distribution of $0.07485 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)
For further information: Media: Canadian Tire Media Hotline, 416-480-8453, [email protected]; Investors: Lesley Gibson, 416-480-8566, [email protected]
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