Inovalis Real Estate Investment Trust Announces July 2014 Distribution

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[{"type":"text","content":"\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE\n UNITED STATES/\n\n\nTORONTO, July 22, 2014 /CNW/ - Inovalis Real Estate Investment Trust\n (the \"REIT\") (TSX: INO.UN) announced today that its Board of Trustees has declared\n the REIT's monthly cash distribution of CDN$0.06875 per unit for the\n period from July 1, 2014 to July 31, 2014. The distribution will be\n payable on August 15, 2014 to unitholders of record as of the close of\n business on July 31, 2014.\n\n\nDistributions paid to unitholders who are non-residents of Canada will\n be subject to applicable Canadian withholding tax. For Canadian federal\n income tax purposes, the REIT gives guidance that 75 percent of the\n above-mentioned distribution can be considered to be a return of\n capital and 25 percent of the distribution can be considered to be a\n distribution of trust income.\n\n\nAbout Inovalis Real Estate Investment Trust \n\n\nInovalis Real Estate Investment Trust is an unincorporated, open-ended\n real estate investment trust established pursuant to a declaration of\n trust under the laws of the Province of Ontario. The REIT has been\n created for the purpose of acquiring and owning office properties\n primarily located in France and Germany but also opportunistically in\n other European countries where assets meet the REIT's investment\n criteria. The REIT currently owns an interest in five office properties\n in France and Germany, comprising 746,698 square feet (69,370 square\n metres) of gross leasable area.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSOURCE Inovalis Real Estate Investment Trust\n\n\n\n Antoine Tronquoy,  Chief Financial Officer  Inovalis Real Estate Investment Trust [email protected] Tel: +1 416 845 1483 Copyright CNW Group 2014","length":2792,"tagName":"div"}]

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