Crombie REIT's development project, Le Duke. (Photo: Crombie REIT)Crombie REIT's development project, Le Duke. (Photo: Crombie REIT)

Crombie REIT has announced a distribution of CAD0.07417 per unit for the period from January 1, 2019, to and including January 31, 2019.

The payout is similar to what was distributed in the corresponding period of the REIT's previous financial year.

The monthly distribution will be payable to unitholders of Crombie REIT, who are on record as at 31 January 2019, on 15 February.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.