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BSR REIT ANNOUNCES AUGUST 2024 CASH DISTRIBUTION
BSR REIT ANNOUNCES AUGUST 2024 CASH DISTRIBUTION Canada NewsWire ̶
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About this update from Bsr Real Estate Investment Trust
[{"type":"text","content":"\n\n\n\n BSR REIT ANNOUNCES AUGUST 2024 CASH DISTRIBUTION\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n ̶  Amount represents a 7.7% increase from previous level  ̶\n \n\n\n\n\n LITTLE ROCK, Ark.\n \n and\n \n TORONTO\n \n\n ,\n \n\n Aug. 15, 2024\n \n\n /CNW/ - BSR Real Estate Investment Trust (the \"REIT\") (TSX: HOM.U) (HOM.UN) today announced a cash distribution of\n \n US$0\n \n .0467 per REIT unit for the month of\n \n August 2024\n \n . Payment will be made on\n \n September 16, 2024\n \n to unitholders of record as at\n \n August 31, 2024\n \n .\n \n\n As previously announced, the amount of the August distribution represents a 7.7% increase, resulting in an increase in the annualized amount of the REIT's distribution from\n \n $0.52\n \n per unit to\n \n $0.56\n \n per unit.\n \n\n\n About BSR Real Estate Investment Trust\n \n\n 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\n \n Ontario\n \n . The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of\n \n the United States\n \n .\n \n\n\n Forward-Looking Statements\n \n\n 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 a...