Northview Residential REIT Announces October Distribution
CALGARY, Alberta, October 2024 - Northview Residential REIT (the "REIT") is excited to share its planned cash distribution for October, providing valuable updates for investors and stakeholders alike. The REIT has declared a distribution amounting to C$0.091146 per Unit for its Class A, Class C, and Class F Units, which results in an annualized distribution of C$1.09 per Unit. Investors should note that these payments are set to be distributed on November 15, 2024, to all holders of Units recorded by the end of October 31, 2024.
Understanding Northview Residential REIT
Northview Residential REIT operates as a publicly traded real estate investment trust (REIT) created under the legislation of Ontario. Its principal focus is on acquiring, owning, and managing a diverse portfolio of income-producing rental properties, strategically located in secondary markets across Canada.
Distribution Details for Investors
The distribution for October 2024 reflects Northview's commitment to providing value to its unitholders by ensuring consistent returns on their investments. Each Class Unit's respective payment exemplifies the REIT's strong position in the market and dedication to operational excellence in the real estate sector.
Investment Opportunities
As the demand for high-quality rental properties continues to grow, Northview remains vigilant in identifying and acquiring assets that align with its investment strategy. This focus helps to enhance the overall portfolio performance and provides attractive returns to its investors, including those holding shares like TSX:NRR-UN and TSX:NRR.UN.
Contact Information for Northview Residential REIT
If you have inquiries or need more information regarding Northview Residential REIT, please reach out to the following:
Todd Cook, President and Chief Executive Officer
Northview Residential REIT
Tel: (403) 531-0720
Email: tcook@nvreit.ca
Sarah Walker, Chief Financial Officer
Northview Residential REIT
Tel: (403) 531-0720
Email: swalker@nvreit.ca
Frequently Asked Questions
What is the distribution amount for October 2024?
The distribution amount for October 2024 is C$0.091146 per Unit.
When will the cash distribution be payable?
The cash distribution will be payable on November 15, 2024.
Who can receive the distribution?
All holders of Class A, Class C, and Class F Units recorded by October 31, 2024, will receive the distribution.
What is Northview Residential REIT's primary focus?
Northview Residential REIT focuses on acquiring, owning, and managing rental properties in secondary markets across Canada.
How can I get in touch with Northview Residential REIT?
You can contact Todd Cook, the CEO, or Sarah Walker, the CFO, at (403) 531-0720 or via email at tcook@nvreit.ca and swalker@nvreit.ca respectively.