Flagship Communities Real Estate Investment Trust announced that its Board of Trustees has approved an approximately 5% increase to its monthly cash distribution to unitholders to USD 0.049 per REIT unit or USD 0.59 per REIT unit on an annualized basis. The new monthly cash distribution will commence on or about December 15, 2023 to unitholders of record as of the close of business on November 30, 2023.