CRE Logistics REIT, Inc Announces Distribution for the 12th Fiscal Period Ended June 30, 2022, Payable on September 13, 2022; Provides Distribution Guidance for the 13th Fiscal Period Ending December 31, 2022 and for the 14th Fiscal Period Ending June 30, 2023
August 15, 2022 at 02:00 am EDT
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CRE Logistics REIT, Inc. announced distribution for the 12th Fiscal Period Ended June 30, 2022. For the period, the company's Distributions per unit (excluding surplus distributions) of JPY 3,236 and Total distributions (excluding surplus distributions) of JPY 1,827 million. Scheduled date to commence payment of distributions is September 13, 2022.
The company provided distribution guidance for the 13th Fiscal Period ending December 31, 2022. For the period, the company expects distributions per unit (excluding surplus distributions) of JPY 6,186.
The company provided distribution guidance for the 14th Fiscal Period Ending June 30, 2023. For the period, the company expects distributions per unit (excluding surplus distributions) of JPY 3,277.
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 Distribution for the 12th Fiscal Period Ended June 30, 2022, Payable on September 13, 2022; Provides Distribution Guidance for the 13th Fiscal Period Ending December 31, 2022 and for the 14th Fiscal Period Ending June 30, 2023