Agellan Commercial Real Estate Investment Trust Announces February 2017 Monthly Distribution

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES

TORONTO--()--Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that the Trustees of Agellan have declared a distribution of $0.06458 per unit for the month of February, 2017, representing $0.775 per unit on an annualized basis. The distribution will be payable on March 15, 2017 to unitholders of record as at February 28, 2017.

Agellan offers a distribution reinvestment plan (“DRIP”) to unitholders whereby the participants may elect to have their cash distributions used to purchase trust units of the REIT. Unitholders wishing to participate should contact their investment advisors to enroll in the DRIP.

About Agellan Commercial Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT was created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.

The REIT's current portfolio aggregates approximately 5.9 million square feet of gross leasable area in 34 properties. The properties are primarily located in major urban markets in the United States and Canada.

Contacts

Agellan Commercial Real Estate Investment Trust
Frank Camenzuli, 416-593-6800 x226
CEO
Fax: 416-593-6700

Contacts

Agellan Commercial Real Estate Investment Trust
Frank Camenzuli, 416-593-6800 x226
CEO
Fax: 416-593-6700