CRE Logistics REIT, Inc. Announces Surplus Distribution for the 11th Fiscal Period Ended December 31, 2021, Payable on March 22, 2022; Provides Surplus Distributions Guidance for the 12th Fiscal Period ending June 2022 and for the 13th Fiscal Period Ending December 31, 2022
February 17, 2022 at 01:00 am EST
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CRE Logistics REIT, Inc. announced Surplus distribution for the 11th Fiscal Period ended December 31, 2021. For the period, the company announced surplus distributions per unit of JPY 338 and total surplus distributions of JPY 190 million. Scheduled date to commence payment of distributions is March 22, 2022.
The company provided distribution guidance for the 12th Fiscal Period ending June 2022. For the period, the company expects surplus distributions per unit of JPY 341.
The company provided distribution guidance for the 13th Fiscal Period Ending December 31, 2022. For the period, the company expects surplus distributions per unit of JPY 342.
CRE Logistics REIT, Inc. is a closed-end real estate investment trust (REIT). It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Company principally invests in logistics related facilities that respond to tenant needs mainly in the metropolitan area. The asset manager of the Fund is CRE REIT Advisors Inc.
CRE Logistics REIT, Inc. Announces Surplus Distribution for the 11th Fiscal Period Ended December 31, 2021, Payable on March 22, 2022; Provides Surplus Distributions Guidance for the 12th Fiscal Period ending June 2022 and for the 13th Fiscal Period Ending December 31, 2022
CRE LOGISTICS REIT, INC. 
