Flagship Communities Real Estate Investment Trust Announces November 2020 Cash Distribution

About this update from Flagship Communities Real Estate Investment Trust

[{"type":"text","content":"\n \n \n \n Flagship Communities Real Estate Investment Trust Announces November 2020 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 TORONTO, Nov. 17, 2020\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n TORONTO\n \n ,\n \n Nov. 17, 2020\n \n /CNW/ - Flagship Communities Real Estate Investment Trust (the \"\n \n REIT\n \n \") (TSX: MHC.U) announced today a cash distribution of\n \n US$0.0425\n \n per REIT unit for the month of\n \n November 2020\n \n , representing\n \n US$0.51\n \n per REIT unit on an annual basis. Payment will be made on or about\n \n December 15, 2020\n \n to unitholders of record as of the close of business on\n \n November 30, 2020\n \n .\n \n \n Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the \"Certain Canadian Federal Income Tax Considerations\", \"Certain U.S. Federal Income Tax Considerations\" sections, and \"Risk Factors – Tax-Related Risks\", of the REIT's prospectus dated\n \n September 28, 2020\n \n , a copy of which is available on the SEDAR website at\n \n www.sedar.com\n \n . Unitholders should consult their own tax advisors for advice with respect to the tax consequences of receiving a distribution from the REIT in their own circumstances.\n \n \n \n About Flagship Communities Real Estate Investment Trust\n \n \n \n Flagship Communities Real Estate Investment Trust is a newly-created, 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 has been formed to own and operate a portfolio of 45 income-producing manufactured housing communities comprising 8,255 lots locat...

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