CRE Logistics REIT, Inc. Announces Surplus Distribution for the 9th Fiscal Period Ended December 31, 2020, Payable on March 19, 2021; Provides Surplus Distributions Guidance for the 10th Fiscal Period Ending June 30, 2021 and for the 11th Fiscal Period Ending December 31, 2021
February 16, 2021 at 01:00 am EST
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CRE Logistics REIT, Inc. announced Surplus distribution for the 9th Fiscal Period ended December 31, 2020. For the period, the company announced surplus distributions per unit of JPY 325 and total surplus distributions of JPY 137 million. Scheduled date to commence payment of distributions is March 19, 2021.
The company provided distribution guidance for the 10th Fiscal Period ending June 30, 2021. For the period, the company expects surplus distributions per unit of JPY 356.
The company provided distribution guidance for the 11th Fiscal Period ending December 31, 2021. For the period, the company expects surplus distributions per unit of JPY 338.
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 9th Fiscal Period Ended December 31, 2020, Payable on March 19, 2021; Provides Surplus Distributions Guidance for the 10th Fiscal Period Ending June 30, 2021 and for the 11th Fiscal Period Ending December 31, 2021
CRE LOGISTICS REIT, INC. 