PADLOCK PARTNERS UK FUND III ANNOUNCES DISTRIBUTIONS FOR 1st QUARTER OF CALENDAR YEAR 2023
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
TORONTO, April 14, 2023 /CNW/ - Padlock Partners UK Fund III (the "Trust") announced today that its Board of Trustees has declared a cash distribution for the first quarter of the calendar year of 2023. The distribution will be payable on April 13, 2023, to unitholders of record as of the close of business on March 31, 2023. The distribution amounts will be as follows:
- C$0. 14696 per Class A Unit
- C$0. 15163 per Class F Unit
- GBP$0. 13598 per Class U Unit
The Trust is an unincorporated investment trust and was established for the primary purpose of investing in a diversified portfolio of income producing commercial real estate properties in the United Kingdom with a focus on self-storage properties. Currently, the Trust has acquired one operating self-storage property in Brighton and holds four development properties in Watford, Woking, Southend and Seaford.
SOURCE Padlock Partners UK Fund III
John Stevenson, Chief Executive Officer, Padlock Partners UK Fund III, [email protected]; Matthew Collins, Chief Financial Officer, Padlock Partners UK Fund III, [email protected]
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