PR Newswire
/Not for distribution to U.S. News Wire Services or dissemination in the United States./
TORONTO, June 13, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of June 1, 2025 to June 30, 2025 of $0.07903 per trust unit, payable July 15, 2025 to unitholders of record on June 30, 2025. This distribution, if annualized, would represent a rate of $0.94836 per annum. As previously announced, this distribution represents a 2.5% increase compared to the prior monthly distribution of $0.07710 per trust unit.
TORONTO, June 10, 2025 /CNW/ - CT Real Estate Investment Trust (TSX: CRT.UN) ("CT REIT" or the "REIT") announced today that it has renewed its existing base shelf prospectus and filed and obtained a receipt for a short form base shelf prospectus (the "Shelf Prospectus"), which is valid until July 10, 2027.
The REIT also announced today that it has renewed its at-the-market equity program (the "ATM Program") that allows the REIT to issue up to $100 million of REIT trust units ("Units") from treasury to the public from time to time, at the REIT's discretion. Any Units sold in the ATM Program will be sold through the Toronto Stock Exchange (the "TSX"), or any other marketplace on which the Units are listed, quoted or otherwise traded in Canada, at the prevailing market price at the time of sale. There is no certainty that any Units will be offered or sold under the ATM Program.
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TORONTO, June 9, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain of the provinces of Canada (the "Debenture Offering"), of $200 million aggregate principal amount of series J senior unsecured debentures with a 5-year term and a coupon of 4.292% per annum (the "Series J Debentures"). CT REIT intends to use the net proceeds of the Debenture Offering for the repayment of existing indebtedness.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, May 21, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that it has agreed to issue, on a private placement basis in each of the provinces of Canada (the "Debenture Offering"), $200 million aggregate principal amount of series J senior unsecured debentures with a 5-year term and a coupon of 4.292% per annum (the "Series J Debentures"). CT REIT intends to use the net proceeds of the Debenture Offering for the repayment of existing indebtedness.
/Not for distribution to U.S. News Wire Services or dissemination in the United States./
TORONTO, May 15, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of May 1, 2025 to May 31, 2025 of $0.07710 per trust unit, payable June 16, 2025 to unitholders of record on May 30, 2025. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
TORONTO, May 6, 2025 /CNW/ - CT Real Estate Investment Trust (the "Trust") (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust's Management Information Circular dated March 3, 2025 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the "Meeting") held on May 6, 2025. The detailed results of the vote for the election of trustees held at the Meeting are set out below.
On a vote, the following eight nominees were elected as trustees of the Trust by the holders of CT REIT units and holders of CT REIT special voting units (collectively, the "Unitholders"). The Trust received the following votes from the Unitholders with respect to the election of the eight nominees:
Announces distribution increase of 2.5%, a cumulative increase of 45.9% since initial public offering in 2013
TORONTO, May 5, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT" or "the REIT") (TSX: CRT.UN) today reported its consolidated financial results for the first quarter ending March 31, 2025.
"Our performance this quarter, which delivered increases in Net Operating Income of 4.6% and Adjusted Funds From Operations per Unit of 3.9%, underscores our ability to deliver strong returns for our Unitholders and once again demonstrates our reliability, durability and growth potential in the face of ongoing macroeconomic challenges," said Kevin Salsberg, President and Chief Executive Officer, CT REIT. "I'm also particularly proud to announce that we will be increasing our monthly distributions for the 12th time, providing our Unitholders with a compound annual growth rate in distributions of 3.3% since our initial public offering."
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TORONTO, April 15, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of April 1, 2025 to April, 30, 2025 of $0.07710 per trust unit, payable May 15, 2025 to unitholders of record on April 30, 2025. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
TORONTO, April 2, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) to host an earnings conference call regarding first quarter 2025 results and hold its Annual Meeting of Unitholders.
WHAT: Q1 2025 Earnings Conference Call
WHEN: Results to be released on Monday, May 5, 2025, after market close. Conference call to be held on Tuesday, May 6, 2025, at 8:00 a.m. ET.
WEBCAST LINK: https://edge.media-server.com/mmc/p/mnh6n5jd
The conference call will be webcast live in its entirety at 8:00 a.m. ET at www.ctreit.com in the "Events and Webcast" section under "News and Events" and it will be archived for 12 months.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, March 14, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of March 1, 2025 to March, 31, 2025 of $0.07710 per trust unit, payable April 15, 2025 to unitholders of record on March 31, 2025. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, Feb. 14, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of February 1, 2025 to February 28, 2025 of $0.07710 per trust unit, payable March 17, 2025 to unitholders of record on February 28, 2025. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
TORONTO, Feb. 10, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT" or "the REIT") (TSX: CRT.UN) today reported its consolidated financial results for the fourth quarter and year ended December 31, 2024.
"CT REIT delivered another strong financial performance in 2024, despite heightened uncertainty and sustained headwinds in the macroeconomic landscape, and we are proud of our accomplishments last year," said Kevin Salsberg, President and Chief Executive Officer of CT REIT. "As we look to the future, we will continue to deliver on our robust development pipeline and know that the strength of our balance sheet provides us with great flexibility to continue to capitalize on new opportunities and surface value for our unitholders."
TORONTO, Jan. 20, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) to host an earnings conference call regarding fourth quarter and 2024 results.
WHAT: Q4 and Year-End 2024 Earnings Conference Call
WHEN: Results to be released on Monday, February 10, 2025 after market close.Conference call to be held on Tuesday, February 11, 2025 at 9:00 a.m. ET.
WEBCAST LINK: https://edge.media-server.com/mmc/p/6kkgoh2w
The conference call will be webcast live in its entirety at 9:00 a.m. ET at www.ctreit.com in the "Events and Webcast" section under "News and Events" and it will be archived for 12 months.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, Jan. 15, 2025 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of January 1, 2025 to January 31, 2025 of $0.07710 per trust unit, payable February 18, 2025 to unitholders of record on January 31, 2025. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, Dec. 13, 2024 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of December 1, 2024 to December 31, 2024 of $0.07710 per trust unit, payable January 15, 2025 to unitholders of record on December 31, 2024. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REITCT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
TORONTO, Nov. 27, 2024 /CNW/ - (TSX: CRT.UN) - CT Real Estate Investment Trust ("CT REIT") announced today that the Toronto Stock Exchange ("TSX") has accepted CT REIT's notice of intention to proceed with a normal course issuer bid (the "2024-25 NCIB").
Under the 2024-25 NCIB, CT REIT may, during the 12-month period commencing November 29, 2024 and ending November 28, 2025, purchase up to 1,875,000 CT REIT trust units ("Units"), representing approximately 1.73% of its 108,695,207 issued and outstanding Units as at November 15, 2024. Based on the average daily trading volume on the TSX of 158,985 during the last six months, daily purchases will be limited to 39,746 Units, other than purchases made under block purchase exemptions.
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TORONTO, Nov. 15, 2024 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of November 1, 2024 to November 30, 2024 of $0.07710 per trust unit, payable December 16, 2024 to unitholders of record on November 29, 2024. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REIT
TORONTO, Nov. 5, 2024 /CNW/ - CT Real Estate Investment Trust ("CT REIT" or "the REIT") (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ending September 30, 2024.
"Our growth strategy continues to drive strong and reliable operating results and generate attractive returns for our Unitholders," said Kevin Salsberg, President and Chief Executive Officer, CT REIT. "Along with our recently closed acquisition in Nanaimo, BC, we are pleased to announce $85 million in new investments this quarter that further serve to add to our strong pipeline of projects and our high-quality portfolio of assets."
/Not for distribution to U.S. News Wire Services or dissemination in the United States./
TORONTO, Oct. 15, 2024 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of October 1, 2024 to October 31, 2024 of $0.07710 per trust unit, payable November 15, 2024 to unitholders of record on October 31, 2024. This distribution, if annualized, would represent a rate of $0.92520 per annum.
About CT REIT
TORONTO, Oct. 8, 2024 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) to host an earnings conference call regarding third quarter 2024 results.
WHAT:
Q3 2024 Earnings Conference Call
WHEN:
Results to be released on Tuesday, November 5, 2024 after market close.
Conference call to be held on Wednesday, November 6, 2024 at 9:00 a.m. ET.
WEBCAST LINK:
https://edge.media-server.com/mmc/p/pinqofr3
The conference call will be webcast live in its entirety at 9:00 a.m. ET at www.ctreit.com in the "Events and Webcast" section under "News and Events" and it will be archived for 12 months.
CONFERENCE LINK:
For coverage analysts only:
https://register.vevent.com/register/BIcb55d36f74ff4f68ad2092fb9335afdf
Upon registering, you will be emailed the dial-in number and unique PIN to join the call.
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