Whiterock REIT Declares January Distribution
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/18/12 -- Whiterock Real Estate Investment Trust ("Whiterock" or the "REIT") (TSX: WRK.UN) announced that it declared its distribution for the month of January 2012, as per the following:
This distribution represents an annualized yield of approximately 7.0% based on Whiterock's closing unit price of $16.08 on January 17, 2012. Historically, 100% of Whiterock's distributions have been classified as a return of capital for Canadian tax purposes.
At the close of business on January 17, 2012, Whiterock had 35,926,551 units issued and outstanding.
Reinvestment Program
Whiterock's Distribution Reinvestment Plan ("DRIP") allows unitholders to purchase additional units using their distributions, without brokerage fees, at 96% of the volume weighted average trading price for the ten days immediately preceding a distribution payment date.
About Whiterock REIT
Whiterock REIT is a growth-oriented diversified commercial REIT with a wholly-owned and co-owned aggregate real estate portfolio that totals approximately 10.8 million square feet of gross leasable area across 88 properties, geographically diversified across 8 Canadian provinces and 2 U.S. states.
Contacts:
Whiterock Real Estate Investment Trust
Jason Underwood
CEO
(416) 907-4861
Whiterock Real Estate Investment Trust
Kursat Kacira
CFO
(416) 572-0427
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Unternehmensinformation / Kurzprofil:
Datum: 18.01.2012 - 16:40 Uhr
Sprache: Deutsch
News-ID 1074364
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contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Commercial Real Estate
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