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Canadian Real Estate Investment Trust Announces March 2006 Distribution.


TORONTO -- Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  Real Estate Investment Trust ("CREIT CREIT Canadian Real Estate Investment Trust ")(TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:REF.UN) today announced its March 2006 monthly distribution in the amount of 10.67 cents per unit (C$1.28 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.
). The March distribution will be payable on April 17, 2006 to Unitholders of record March 31, 2006.

CREIT is a real estate investment trust that is dedicated to accumulating a portfolio of high-quality real estate assets; and then deliver the benefits of such real estate ownership to Unitholders. The primary benefit is a reliable and, over time, increasing cash distribution. CREIT owns a portfolio in excess of 130 retail, office and industrial properties.

Canadian Real Estate Investment Trust (TSX:REF.UN)
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Publication:Business Wire
Date:Mar 16, 2006
Words:111
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