MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES INCREASE IN MONTHLY CASH DISTRIBUTION POLICY – Company Announcement
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/NOT FOR DISTRIBUTION TO
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As at the date hereof, there are an aggregate of 8,856,403 Units, and 10,642,435 Exchangeable Units issued and outstanding.
About Marwest Apartment REIT
The REIT is an unincorporated open-ended trust governed by the laws of the
Marwest REIT’s management team and Trustees have over 100 years of combined experience in multi-residential real estate. They bring a strong combination of development, construction, management, and financing experience, along with significant governance expertise. The REIT has an external asset and property management agreement through the
Forward-looking Statements
The information in this news release includes certain information and statements about the REIT’s current monthly cash distribution policy that constitute forward‐looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward‐looking statements. A number of factors could cause actual results to differ materially from these forward‐looking statements. The declaration and/or payment of future cash distributions will be dependent upon a number of factors, including but not limited to the financial performance, financial condition and financial requirements of the REIT. Although management of the REIT believes that the expectations reflected in forward‐ looking statements are reasonable, it can give no assurances that the expectations of any forward‐ looking statements will prove to be correct. Except as required by law, the REIT disclaims any intention and assumes no obligation to update or revise any forward‐looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward‐looking statements or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
The Trust Units are not registered under the United States Securities Act of 1933, as amended (the “
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