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TORONTO, June 20, 2013 /CNW/ - Inovalis Real Estate Investment Trust (the "REIT") (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT's monthly cash distribution of CDN$0.06875 per unit for the period from June 1, 2013 to June 30, 2013. The distribution will be payable on July 15, 2013 to unitholders of record as of the close of business on June 30, 2013.
Distributions paid to unitholders who are non-residents of Canada will be subject to applicable Canadian withholding tax.
About Inovalis Real Estate Investment Trust
Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria. The REIT currently owns an interest in four office properties in France and Germany, comprising 528,267 square feet (49,170 square metres) of gross leasable area.
SOURCE: Inovalis Real Estate Investment Trust
For further information:
David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust
Tel: +33 (0) 1 5643 3323
Fax: +33 (0) 1 5643 3324