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TORONTO, June 16, 2021 (GLOBE NEWSWIRE) — WPT Industrial Actual Property Funding Belief (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) introduced as we speak that its Board of Trustees has declared a money distribution for the month of June 2021 of US$0.0633 per unit. The distribution can be payable on July 15, 2021 to unitholders of file as of the shut of enterprise on June 30, 2021.
Distributions paid to Canadian unitholders (and different non-U.S. unitholders) usually can be topic to U.S. withholding tax. For a normal abstract of the taxation of distributions paid to Canadian unitholders, together with info concerning U.S. withholding tax, please see the “Sure Canadian Federal Earnings Tax Issues”, “Sure U.S. Federal Earnings Tax Issues” sections of the REIT’s prospectus dated April 18, 2013, and “Danger Components – Tax-Associated Dangers” within the REIT’s most not too long ago filed annual info type, copies of which can be found on the SEDAR web site at www.sedar.com. Extra tax info concerning the REIT’s distributions can also be accessible on the REIT’s web site at www.wptreit.com. Unitholders ought to seek the advice of their very own tax advisors for recommendation with respect to the tax penalties of receiving a distribution from the REIT in their very own circumstances.
About WPT Industrial Actual Property Funding Belief
WPT Industrial Actual Property Funding Belief is an unincorporated, open-ended actual property funding belief established pursuant to a declaration of belief below the legal guidelines of the Province of Ontario. The REIT acquires, develops, manages and owns distribution and logistics properties situated in america. WPT Industrial, LP (the REIT’s working subsidiary) not directly owns or manages a portfolio of properties throughout 20 U.S. states consisting of roughly 37.5 million sq. ft of GLA and 109 properties. The REIT pays month-to-month money distributions, at the moment at $0.0633 per Unit, or roughly $0.76 per Unit on an annualized foundation, in US funds.
For additional info, please contact:
| Scott Frederiksen, Chair and Chief Government Officer WPT Industrial REIT Tel: (612) 800-8501 |
