STELLARTON, NS, June 22 /CNW/ – Crombie Real Estate Investment Trust ("Crombie REIT") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from June 1, 2009 to and including June 30, 2009. The distribution will be payable on July 15, 2009 to unitholders of record as at June 30, 2009.
Assuming that Crombie REIT's previously announced public offering closes as expected on June 25, 2009, investors acquiring units through the public offering will be entitled to receive the distribution to the extent that they continue to hold those units on June 30, 2009.
About Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. The trust invests in income-producing retail, office and mixed-use properties in Canada, with a future growth strategy focused primarily on the acquisition of retail properties. Crombie REIT currently owns a portfolio of 113 commercial properties in seven provinces, comprising approximately 11.2 million square feet of gross leasable area. More information about Crombie REIT can be found at www.crombiereit.com.
Contact: Scott M. Ball, C.A., Vice President, Chief Financial Officer and Secretary, Crombie REIT, (902) 755-8100