MONTREAL, July 22, 2013 /CNW/ - (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the "REIT") is pleased to announce today a cash distribution of $0.001561 per trust unit of the REIT for the month of July 2013. The distribution will be payable on August 15, 2013 to unitholders of record as at July 31, 2013.
Nomination of Denis Perreault as a Trustee
The REIT is also pleased to announce that, effective immediately, Mr. Denis Perreault has been nominated as a Trustee of the REIT. Mr. Perreault obtained his MBA from the University du Québec à Montréal (UQAM) and is currently a registered real estate agent and a member of the Order of Certified Directors of Quebec (ADMA). Over the course of his career, Mr. Perreault has held various senior management positions, including with Ivanhoe Cambridge, a world-class real estate company involved in all aspects of real estate such as investments, development, asset management, leasing and operations.
About Nobel Real Estate Investment Trust
The REIT is a recently created unincorporated open-ended real estate investment trust governed by the laws of the Province of Québec. The REIT has been created for the purpose of acquiring and owning income producing properties. The REIT will focus on acquiring commercial retail, mixed-used retail, industrial and suburban office properties in the primary and secondary markets in the Province of Québec. The REIT currently owns two commercial properties located in Québec, comprising 71,747 square feet of gross leasable area.
SOURCE: Nobel Real Estate Investment Trust
For further information:
please contact: Jean Teasdale, President, Chief Executive Officer and Secretary, at (450) 655-4338.