Fronsac Real Estate Investment Trust Announces Monthly Distributions for January, February and March 2018, Payable on January 31, February 28, and March 30, 2018 Respectively
January 09, 2018 at 11:51 am EST
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Fronsac Real Estate Investment Trust announced that it will make monthly cash distributions of 0.168 cents per unit, representing 2.016 cents per unit on an annualized basis, on January 31, February 28, and March 30, 2018 to unit holders of record on January 15, February 15, and March 15, 2018, respectively.
Canadian Net Real Estate Investment Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns and rents commercial real estate properties directly, through its wholly owned subsidiaries and joint ventures. The Trust operates in one segment, commercial real estate located in Canada. The Trust holds approximately 101 investment properties, 83 residing in the province of Quebec, nine in the province of Ontario and nine in the province of Nova Scotia. The properties are occupied by four distinct groups of tenants composed of retailers, national service station and convenience store chains, quick-service restaurant chains, and others. The Trust's properties include 40-50 Brunet Street, 230 St-Luc Blvd, 196 Hotel-de-Ville Blvd, 1349-1351 Road 117, 275 Barkoff Street, 530 Barkoff Street, 340-344 Montee du Comte, 1440-50 St-Laurent East Blvd, 1460 St-Laurent East Blvd, 7335 Guillaume Couture Blvd, 4200 Bernard-Pilon Street and others.
Fronsac Real Estate Investment Trust Announces Monthly Distributions for January, February and March 2018, Payable on January 31, February 28, and March 30, 2018 Respectively