LITTLE
ROCK, Ark. and TORONTO, May 15, 2024
/CNW/ - BSR Real Estate Investment Trust (the "REIT") (TSX:
HOM.U) (TSX: HOM.UN) today announced a cash distribution of
US$0.0433 per REIT unit for the month
of May 2024, representing
US$0.52 per REIT unit on an
annualized basis. Payment will be made on June 17, 2024 to unitholders of record as at
May 31, 2024.
About BSR Real Estate Investment
Trust
BSR Real Estate Investment Trust is an internally managed,
unincorporated, open-ended real estate investment trust established
pursuant to a declaration of trust under the laws of the Province
of Ontario. The REIT owns a
portfolio of multifamily garden-style residential properties
located in attractive primary markets in the Sunbelt region of
the United States.
Forward-Looking
Statements
This news release may contain forward-looking statements (within
the meaning of applicable securities laws) relating to the business
of the REIT. Forward-looking statements are identified by words
such as "believe", "anticipate", "project", "expect", "intend",
"plan", "will", "may", "estimate" and other similar expressions.
These statements are based on the REIT's expectations, estimates,
forecasts and projections and include, without limitation,
statements regarding the intended monthly distributions of the
REIT. The forward-looking statements in this news release are based
on certain assumptions including, without limitation, that the REIT
will have sufficient cash to pay its distributions. They are not
guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. A number of
factors could cause actual results to differ materially from the
results discussed in the forward-looking statements, including, but
not limited to, the factors discussed under the heading "Risk
Factors" in the REIT's Q1 2024 Management's Discussion &
Analysis dated May 8, 2024 which is
available at www.sedarplus.ca. There can be no assurance that
forward-looking statements will prove to be accurate as actual
outcomes and results may differ materially from those expressed in
these forward-looking statements. Readers, therefore, should not
place undue reliance on any such forward-looking statements.
Further, these forward-looking statements are made as of the date
of this news release and, except as expressly required by
applicable law, the REIT assumes no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
SOURCE BSR Real Estate Investment Trust
