TransGlobe Apartment REIT announces September 2011 distribution

MISSISSAUGA, ON, Sept. 15, 2011 /CNW/ - TransGlobe Apartment Real Estate Investment Trust (TSX: TGA.UN) (the "REIT") today announced a cash distribution of $0.0625 per unit for the month of September 2011, representing an annualized distribution of $0.75 per unit.  The distribution will be payable on October 17, 2011 to Unitholders of record as at September 30, 2011.

Unitholders can participate in the REIT's Unitholder Distribution Reinvestment Plan ("DRIP").  Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units, and will also receive bonus Trust Units equal to 3% of their monthly cash distributions.

About TransGlobe Apartment Real Estate Investment Trust

TransGlobe Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT's portfolio is comprised of residential rental properties containing approximately 20,300 suites principally located in urban centres in Alberta, Ontario, Québec, New Brunswick and Nova Scotia.

This press release contains forward-looking statements which reflect the REIT's current expectations regarding future events.  The forward-looking statements involve risks and uncertainties.  Actual results could differ materially from those projected herein.  The REIT disclaims any obligation to update these forward-looking statements except as required by securities laws.

SOURCE TransGlobe Apartment Real Estate Investment Trust

For further information:

TransGlobe Apartment REIT
Leslie Veiner
Chief Financial Officer
(905) 293-9400 ext. 1985
Email: lveiner@tgareit.com

Profil de l'entreprise

TransGlobe Apartment Real Estate Investment Trust

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.