Forum Real Estate Income and Impact Fund Announces June 2022 Monthly Distribution
TORONTO, ON /ACCESSWIRE/July 21, 2022/ Forum Real Estate Income and Impact Fund (“REIIF” or the “Trust”) has announced a distribution for the month of June 2022 as follows:
UNIT DISTRIBUTION |
||
Series |
Monthly |
annualized |
A |
$0.0313 |
$0.3750 |
F |
0.0375 |
0.4500 |
I |
0.0396 |
0.4750 |
This distribution is the sixth monthly distribution since the launch of the REIIF in December 2021 and was paid on July 15, 2022 to unitholders of record as of June 30, 2022.
About REIIF
REIIF invests primarily in institutional-quality multi-family rental apartments, purpose-built student accommodation (PBSA), and co-living communities located in supply-constrained markets in Canada. The Trust also strives to deliver a cutting-edge impact and ESG-focused portfolio that will enhance returns and total returns while future-proofing the portfolio to ensure income diversity and resilience. For more information, please visit our website at www.forumreiif.ca.
About Forum Asset Management Inc.
Forum Asset Management Inc., the manager of REIIF, collectively with its affiliates (“FAMI”), is an investor, developer and asset manager operating throughout North America for over 25 years. Our main goal is to provide Extraordinary Outcomes™ to our stakeholders. Our adaptable, agile and dynamic team is committed to sustainability and responsible investing, creating value that benefits the communities in which we invest.
Our investment focus includes real estate, private equity and infrastructure. The enterprise value of our assets under management currently exceeds C$1.7 billion. Our investments have attracted a number of leading investors. We’re proud to have delivered the best return on alternative assets since 2002, while positively impacting over 6,000 lives. Visit: www.forumam.com.
contacts
Name: Rajeev Viswanathan, Chief Financial Officer
Phone number: 416-947-0389
E-mail: [email protected]
Caution
The information contained in this press release is provided for informational purposes only; is not investment, financial or other advice; and is not intended to be used as a basis for making an investment decision. This press release does not constitute or form part of an offer or invitation to sell or issue, or any solicitation of an offer to buy or subscribe, securities, and no part of this press release should form the basis of, or be relied upon in connection with, any contract or investment decision relating to securities of REIIF. This press release does not constitute any form of commitment, recommendation, representation or guarantee on the part of anyone. No reliance should be placed on the completeness of the information contained in this press release. This press release is not intended to be a comprehensive review of all matters relating to REIIF. Please visit www.forumreiif.ca for more information.
This press release may contain forward-looking information within the meaning of applicable Canadian securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “expects”, “intends”, “anticipates”, “believes” or variations (including variations negative) of such words and phrases, or states that certain actions, events or results “might”, “might”, “would” or “would” be undertaken, occur or be achieved. These forward-looking statements reflect the current beliefs of management and are based on assumptions made by and information currently available to FAMI. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected, including, without limitation, risks associated with general economic conditions; adverse factors affecting the real estate market generally or the specific markets in which REIIF holds properties; real estate price volatility; inability to access sufficient capital from internal and external sources and/or inability to access capital on favorable terms; currency and interest rate fluctuations and other risks. Although FAMI has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or planned. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. These forward-looking statements are made as of the date hereof, and FAMI undertakes no obligation to update or revise them to reflect new events or circumstances, except as required by applicable securities laws.
THE SOURCE: Forum Asset Management
See the source version on accesswire.com:
https://www.accesswire.com/709393/Forum-Real-Estate-Income-and-Impact-Fund-Announces-June-2022-Monthly-Distribution