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TORONTO, Nov. 14, 2014 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of November 1, 2014 to November 30, 2014 of $0.054167 per trust unit, payable December 15, 2014 to unitholders of record on November 30, 2014.
CT REIT approved an increase in the annualized distributions to $0.663 per unit, an increase of 2% from the previous distribution of $0.65 per unit on an annualized basis, commencing with the December 30, 2014 record date, as reported in its 2014 third quarter earnings release on November 3, 2014.
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. Its portfolio is comprised of more than 270 properties totaling over 20 million square feet of GLA, consisting primarily of retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
SOURCE: CT REIT