Alexis Nihon REIT Announces May 2005 Distribution.MONTREAL -- Alexis Nihon Alexis Louis Nihon, O.B.E. (May 15 1902 – April 8 1980) was a Belgium born Canadian inventor and businessman. He was the inventor of the tubeless tire. Born in Liège, Belgium, the son of Alexis Laurent Nihon and Marie Florentine Thiry, he moved to Canada when he was 18. Real Estate Investment Trust (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AN.UN) today announced the monthly cash distribution for the month of May has been set at $0.0917 per unit, or $1.10 per unit on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis. The cash distribution will be paid on June 15, 2005, to unitholders of record as at May 31, 2005. About Alexis Nihon REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). The REIT currently owns interests in 51 office, retail, and industrial properties, including a 426-unit multi-family residential property, located in the greater Montreal area and the National Capital region. The REIT's portfolio has an aggregate of 7.3 million square feet of leasable area, of which 0.4 million square feet is co-owned. Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) |
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