Business and Finance
Business and Finance
Fri, October 14, 2011
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Canadian Real Estate Investment Trust Announces October 2011 Distribution
October 14, 2011 07:42 ET
Canadian Real Estate Investment Trust Announces October 2011 Distribution
TORONTO, ONTARIO--(Marketwire - Oct. 14, 2011) - Canadian Real Estate Investment Trust ("CREIT") (TSX:REF.UN) today announced its October 2011 monthly distribution in the amount of 12.00 cents per unit (C$1.44 annualized). The October distribution will be payable on November 14, 2011 to Unitholders of record October 31, 2011.
CREIT is a real estate investment trust focused on accumulating a portfolio of high-quality real estate assets and delivering the benefits of real estate ownership to Unitholders. The primary benefit is a reliable and, over time, increasing monthly cash distribution. CREIT owns a diversified portfolio of retail, office and industrial properties.
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