Business & Finance
Business and Finance
Business and Finance
Mon, March 19, 2012 
March 19, 2012 12:30 ET
Calloway REIT Declares March 2012 Distribution
TORONTO, ONTARIO--(Marketwire - March 19, 2012) - Calloway Real Estate Investment Trust ("Calloway") (TSX:CWT.UN) announced that the trustees of the REIT have declared a distribution for the month of February 2012 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on April 16, 2012 to unitholders of record on March 30, 2012.
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.
