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     674  0 Kommentare Edgefront Real Estate Investment Trust Announces Stable Q1 Results and June Distribution - Seite 3

    June 2016 Distribution

    The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 on an annualized basis, payable July 15, 2016 to unitholders of record as of June 30, 2016.

    The REIT's current distribution per unit continues to be $0.01333 per month. The REIT's distribution reinvestment program ("DRIP") entitles eligible unitholders to elect to receive all, or a portion of the cash distributions of the REIT reinvested in units of the REIT. Eligible unitholders who so elect will receive a bonus distribution of units equal to 4% of each distribution that was reinvested by them under the DRIP.

    About the REIT

    Edgefront REIT is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 19 properties comprising approximately 1,030,000 square feet of rentable area. The REIT has approximately 35,280,427 units issued and outstanding. Additionally, there are 4,962,475 Class B LP units of subsidiary limited partnerships of the REIT issued and outstanding.

    FORWARD LOOKING STATEMENTS

    Certain statements contained in this new release constitute forward-looking statements which reflect the REIT's current expectations and projections about future results. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the REIT to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Such forward-looking statements are based on a number of assumptions that may prove to be incorrect.

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    Verfasst von Marketwired
    Edgefront Real Estate Investment Trust Announces Stable Q1 Results and June Distribution - Seite 3 CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Edgefront Real Estate Investment Trust (the "REIT") (TSX VENTURE:ED.UN) announced today its results for the three months ended March 31, 2016 and June distribution. Highlights …