Temple REIT announces September 2012 monthly distribution in the increased amount of $0.045 per unit
WINNIPEG, Sept. 19, 2012 /CNW/ - Temple Real Estate Investment Trust ("Temple REIT") (TSX: TR.UN) announced today a distribution of $0.045 per unit ($0.54 per unit on an annualized basis) for the month of September 2012. Payment will be made on October 15, 2012 to the Unitholders of record as of September 30, 2012.
As previously announced, the distribution reflects a 12.5% increase from the previous monthly distribution amount of $0.04 per unit ($0.48 per unit on an annualized basis).
Temple REIT is a real estate investment trust, which is listed on the Toronto Stock Exchange under the symbols TR.UN (trust units), TR.DB.B, TR.DB.C, TR.DB.D, TR.DB.E and TR.DB.S (convertible debentures). The objective of Temple REIT is to provide Unitholders with stable cash distributions from investment in a diversified portfolio of hotel properties and related assets. For further information on Temple REIT, please visit our website at www.treit.ca.
The Toronto Stock Exchange has not reviewed or approved the contents of this press release and does not accept responsibility for the adequacy or accuracy of this press release.
SOURCE: Temple REITFor further information:
Arni Thorsteinson, Chief Executive Officer, or Gino Romagnoli, Investor Relations
Tel: (204) 475-9090, Fax: (204) 452-5505, Email: email@example.com