Northview Residential REIT Declares Latest Distribution for Investors
Northview Residential REIT Announces Distribution for May
CALGARY, Alberta — Northview Residential REIT (the “REIT”) has recently come forward with its May distribution amounts for its various classes of outstanding Units, a move that showcases the REIT's commitment to its investors. The distribution for May is set at C$0.091146 per Unit, which amounts to C$1.09 on an annualized basis. This is an exciting development for stakeholders as it underscores the REIT's continued focus on delivering value.
Details of the Distribution
This cash distribution will be payable on June 16, 2025. Units of record as of May 31, 2025, will be eligible for this distribution. These figures reflect Northview’s strategy to provide concrete, beneficial returns to its investors, demonstrating a solid performance in managing its rental property assets.
Insights into Northview Residential REIT
Established under a declaration of trust in Ontario, Northview Residential REIT is publicly traded and focuses on acquiring, owning, and managing a portfolio of income-producing rental properties. The REIT strategically targets secondary markets across Canada, allowing for diverse revenue streams and a robust investment opportunity for its stakeholders.
Executive Team Contacts
Investors and stakeholders seeking additional information or clarification regarding the recent announcements are encouraged to reach out directly to the executive team of Northview Residential REIT:
- Todd Cook, President and Chief Executive Officer
Tel: (403) 531-0720
Email: tcook@nvreit.ca - Sarah Walker, Chief Financial Officer
Tel: (403) 531-0720
Email: swalker@nvreit.ca
Conclusion
The announcement of the May distribution is a significant moment for Northview Residential REIT and its investors. By maintaining a strong distribution strategy, it continues to affirm its place in the competitive real estate investment sector. With its focus on secondary markets in Canada, Northview aims to enhance its portfolio of rental properties and ensure sustained growth for its stakeholders.
Frequently Asked Questions
What is the amount of the May distribution for Northview Residential REIT?
The May distribution is C$0.091146 per Unit, totaling an annualized amount of C$1.09 per Unit.
When will the distribution be paid?
The distribution will be paid on June 16, 2025, to holders of Units of record at May 31, 2025.
Who can I contact for more information about the REIT?
For inquiries, you can contact Todd Cook or Sarah Walker at Northview Residential REIT at (403) 531-0720.
Where is Northview Residential REIT focused geographically?
Northview Residential REIT primarily targets secondary markets across Canada for acquiring and managing its rental properties.
Is Northview Residential REIT publicly traded?
Yes, Northview Residential REIT is publicly traded, which allows investors to participate in its financial performance.
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