Borealis Retail REIT Announces February Distribution.TORONTO -- Borealis Retail REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BRE (Business Rules Engine) Software that automates policies and procedures within an organization, whether legal, internal or operational. The use of a rules engine (BRE) requires placing the company rules in an external repository that can be easily reviewed rather than .UN) announces today its February 2005 monthly distribution in the amount of $0.09. Payment will be made on March15th, 2005 to holders of record as of February 28, 2005. In addition, unitholders who elect to participate in the DRIP will receive a further distribution, payable in units, equal in value to 3% of each cash distribution reinvested by them. The price at which units will be purchased with such cash distributions is based on a weighted average trading price Trading price The price at which a security is currently selling. of units for the 20 trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. prior to the relevant distribution date, which is normally the 15th of each month. Those unitholders wishing to enroll in the DRIP should contact the brokerage house or financial institution where their units are currently held and complete the required authorization form. Borealis Retail REIT is a TSX listed real estate investment trust. Borealis Retail REIT owns 9 shopping centres comprising approximately 4.55 million square feet located in Canada. As of December 31, 2004, there were 33,753,019 issued and outstanding units of the REIT. Borealis Retail REIT (TSX:BRE.UN) |
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