Whiterock REIT Declares December Distribution

TSX - WRK.UN

TORONTO, Dec. 14 /CNW/ - Whiterock Real Estate Investment Trust ("Whiterock") announced today that its distribution declared for the month of December 2009 is $0.14025, representing $1.683 per Unit on an annualized basis, an annualized yield of approximately 11.9% based on the December 11, 2009 Unit closing price of $14.20. Payment of December's distribution will be made on or about December 31, 2009 to Unitholders of record on December 29, 2009.

At the close of business on December 11, 2009, Whiterock had 9,773,166 Units issued and outstanding.

Reinvestment Program

Whiterock's Distribution Reinvestment Plan allows Unitholders to purchase additional Units using their distributions, without brokerage fees, at 96% of the volume weighted average trading price for the ten days immediately preceding a distribution payment date. The enrolment form and further details are available at www.whiterockreit.ca/drip.html.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

%SEDAR: 00022234E

SOURCE WHITEROCK REAL ESTATE INVESTMENT TRUST

For further information: For further information: www.whiterockreit.ca; Frank Bucys, CFO, (416) 907-4864; Jennifer Kosloski, Controller, (416) 979-3026

Organization Profile

WHITEROCK REAL ESTATE INVESTMENT TRUST

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890