TORONTO AND CALGARY, Feb. 4, 2014 /CNW/ - Edgefront Real Estate
Investment Trust (the "REIT") (TSXV: ED.UN) announced today its first
cash distribution in the amount of $0.00742 per unit for the period
from January 14, 2014 (being the closing date of the acquisition by the
REIT of a portfolio of 10 industrial properties located in Western
Canada) to January 31, 2014. The distribution will be payable on
February 28, 2014 to unitholders of record as of February 14, 2014.
The REIT also announced today that it will make a further cash
distribution in the amount of $0.01333 per unit, representing $0.16 per
unit on an annualized basis, payable on March 14, 2014 to unitholders
of record as of February 28, 2014.
The REIT has 19,750,000 units issued and outstanding.
About the REIT
Edgefront REIT is a growth oriented real estate investment trust focused
on increasing unitholder value through the acquisition, ownership and
management of industrial properties located in primary and secondary
markets in North America, with an initial focus on Western Canada.
Edgefront REIT currently owns a portfolio of 12 properties comprising
approximately 470,000 square feet of rentable area.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Edgefront Real Estate Investment Trust
For further information:
Please contact Kelly C. Hanczyk, President and CEO at (416) 906-2379 or Rob Chiasson, CFO at (403) 817-9497.