PADLOCK PARTNERS UK FUND III ANNOUNCES DISTRIBUTIONS FOR 4th QUARTER OF CALENDAR YEAR 2023
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, Jan. 10, 2024 /CNW/ - Padlock Partners UK Fund III (the "Trust") announced today that its Board of Trustees has declared a cash distribution for the fourth quarter of the calendar year of 2023. The distribution will be payable on January 15, 2024, to unitholders of record as of the close of business on December 31, 2023. The distribution amounts will be as follows:
- C$0. 15022 per Class A Unit
- C$0. 15500 per Class F Unit
- GBP$0. 13784 per Class U Unit
The Trust is an unincorporated investment trust and was established for the primary purpose of investing in a diversified portfolio of income producing commercial real estate properties in the United Kingdom with a focus on self-storage properties. Currently, the Trust has five operating self-storage properties in Brighton, Watford, Woking, Southend and Seaford.
SOURCE Padlock Partners UK Fund III
John Stevenson, Chief Executive Officer, Padlock Partners UK Fund III, [email protected]; Matthew Collins, Chief Financial Officer, Padlock Partners UK Fund III, [email protected]
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