Forum Real Estate Income and Impact Fund Announces March 2022 Monthly Distribution
TORONTO, ON/ACCESSWIRE/April 13, 2022/ Forum Real Estate Income and Impact Fund (“REIIF” or the “Trust”) today announced a distribution for the month of March 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 third monthly distribution since the launch of the REIIF in December 2021 and will be payable on April 14, 2022 to unitholders of record as of March 31, 2022.
About REIIF
The REIIF is an unincorporated open-end investment trust. REIIF invests in impact-oriented, institutional-grade Canadian properties that offer stable, inflation-protected cash flows over the long term, with the potential for capital appreciation. The Trust targets markets where supply is limited in Canada to ensure revenue diversity and resilience. The Trust also strives to provide cutting-edge impact and an ESG-focused portfolio that enhances returns and future-proofs the portfolio. For more information, please visit our website at www.forumequitypartners.com/reiif.
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 focused on real estate, infrastructure and private equity. Since its inception in 1996, FAMI has worked with its partners to pursue value-added and opportunistic investments and achieve aggressive growth through innovation and active management. FAMI is committed to exploring innovative and sustainable opportunities that deliver Extraordinary Results™ to its stakeholders. FAMI’s assets under management represent approximately C$1.7 billion in enterprise value. Visit: www.forumequitypartners.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.forumequitypartners.com/reiif 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 Equity Partners
See the source version on accesswire.com:
https://www.accesswire.com/697310/Forum-Real-Estate-Income-and-Impact-Fund-Announces-March-2022-Monthly-Distribution