Business & Finance
Business and Finance
Business and Finance
Mon, December 19, 2011
December 19, 2011 11:37 ET
Calloway REIT Declares December 2011 Distribution
TORONTO, ONTARIO--(Marketwire - Dec. 19, 2011) - Calloway Real Estate Investment Trust ("Calloway")(TSX:CWT.UN) announced that the trustees of the REIT have declared a distribution for the month of December 2011 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on January 16, 2012 to unitholders of record on December 30, 2011.
About Calloway
Calloway is one of Canada's largest real estate investment trusts with an enterprise value of approximately $6 billion. It owns and manages approximately 25 million square feet in 127 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Walmart will continue to be the dominant anchor tenant in the portfolio, and we expect their presence will continue to attract other retailers and consumers. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers.
