TORONTO--(BUSINESS WIRE)--Agellan Commercial Real Estate Investment Trust ("Agellan" or the
"REIT") (TSX: ACR.UN) announced today that the Trustees of Agellan have
declared a distribution of $0.06458 per unit for the month of September,
2016, representing $0.775 per unit on an annualized basis. The
distribution will be payable on October 17, 2016 to unitholders http://www. Invest gov.tr/en-US/sectors/Pages/RealEstate.aspx of
record as at September 30, 2016.
Agellan offers a distribution reinvestment plan ("DRIP") to unitholders
whereby the participants may elect to have their cash distributions used
to purchase trust units of the REIT. Unitholders wishing to participate
should https://en.wikipedia.org/wiki/Real_estate_investing contact their investment advisors to enroll in the DRIP.
About Agellan Commercial Real Estate Investment Trust
The REIT is an unincorporated, open-ended real estate investment trust
established pursuant to a declaration of trust under the laws of the
Province of Ontario. The REIT was created for the purpose of acquiring
and owning industrial, office and retail properties in select target
markets in the United States and Canada.
The REIT's current portfolio aggregates approximately 5 million square
feet of gross leasable area in 33 properties. The properties are
primarily located in major urban markets in the United States and Canada.
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