Agellan Commercial Real Estate Investment Trust Announces January 2019 Monthly Distribution
TORONTO--(BUSINESS WIRE)--Jan 21, 2019--Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of January 2019, representing $0.810 per unit on an annualized basis. The distribution will be payable on February 15, 2019 to unitholders of record as at January 31, 2019.
About Agellan Commercial Real Estate Investment Trust
The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.
The REIT’s 46 properties contain 8.3 million square feet of gross leasable area, with the REIT’s ownership interest at 7.0 million square feet. The properties are primarily located in major urban markets in the United States.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190121005449/en/
CONTACT: Frank Camenzuli, CEO
Agellan Commercial Real Estate Investment Trust
Tel: (416) 593-6800 x226
Fax: (416) 593-6700
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE
SOURCE: Agellan Commercial Real Estate Investment Trust
Copyright Business Wire 2019.
PUB: 01/21/2019 04:46 PM/DISC: 01/21/2019 04:46 PM