Stock Name: TGA.UN
Amount: CAD 0.0625
Announcement Date: 15/03/2012
Record Date: 28/03/2012
Dividend Detail:
MISSISSAUGA, ON, March 15, 2012 /CNW/ - TransGlobe Apartment Real Estate
Investment Trust (TSX: TGA.UN) (the "REIT") today announced a cash
distribution of $0.0625 per unit for the month of March 2012,
representing an annualized distribution of $0.75 per unit.�� The
distribution will be payable on April 16, 2012 to Unitholders of record
as at March 30, 2012.
Unitholders can participate in the REIT's Unitholder Distribution
Reinvestment Plan ("DRIP").�� Eligible investors registered in the DRIP
will have their monthly cash distributions used to purchase Trust
Units, and will also receive bonus Trust Units equal to 3% of their
monthly cash distributions.
About TransGlobe Apartment Real Estate Investment Trust
TransGlobe Apartment Real Estate Investment Trust is an unincorporated,
open-ended real estate investment trust established under the laws of
the Province of Ontario. The REIT owns a growing portfolio of high
quality apartment and town house properties well-located in urban
centres in Alberta, Ontario, Qu��bec, New Brunswick and Nova Scotia.
This press release contains forward-looking statements which reflect the
REIT's current expectations regarding future events.�� The
forward-looking statements involve risks and uncertainties.�� Actual
results could differ materially from those projected herein.�� The REIT
disclaims any obligation to update these forward-looking statements
except as required by securities laws.
For further information:
TransGlobe Apartment REIT
Leslie Veiner��
Chief Financial Officer
(905) 293-9400 ext. 1985
Email:����lveiner@tgareit.com
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