Business

BSR REIT Announces August 2018 Cash Distribution

BSR REIT Announces August 2018 Cash Distribution Canada NewsWire LITTLE ROCK and...

articleBsr Real Estate Investment TrustAugust 15, 20184/company/bsr-real-estate-investment-trust-1/news/bsr-reit-announces-august-2018-cash-distribution
BSR REIT Announces August 2018 Cash Distribution

About this update from Bsr Real Estate Investment Trust

[{"type":"text","content":"\n\n\n\nBSR REIT Announces August 2018 Cash Distribution\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nLITTLE ROCK and TORONTO, Aug. 15, 2018\n\n\n\nLITTLE ROCK and TORONTO, Aug. 15, 2018 /CNW/ - BSR Real Estate Investment Trust (the \"REIT\") (TSX: HOM.U) today announced a cash distribution of US$0.0417 per REIT unit for the month of August 2018, representing US$0.50 per REIT unit on an annualized basis. Payment will be made on September 17, 2018 to unitholders of record as at August 31, 2018.\n\nAbout BSR Real Estate Investment Trust BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of 48 multifamily garden-style residential properties consisting of 9,879 apartment units located across five bordering states in the Sunbelt region of the United States.\n\nForward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as \"believe\", \"anticipate\", \"project\", \"expect\", \"intend\", \"plan\", \"will\", \"may\", \"estimate\" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions including, without limitation, that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading \"Risk Factors\" in the REIT's prospectus dated May 11, 2018 w...

More updates from Bsr Real Estate Investment Trust