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FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ANNOUNCES CASH DISTRIBUTION INCREASE

Newswire.ca - Wed Nov 15, 2023

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTO, Nov. 15, 2023 /CNW/ - Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") (TSX: MHC.U) (TSX: MHC.UN) announced today that its Board of Trustees has approved an approximately 5% increase to its monthly cash distribution to unitholders to US$0.049 per REIT unit or US$0.59 per REIT unit on an annualized basis. The new monthly cash distribution will commence on or about December 15, 2023 to unitholders of record as of the close of business on November 30, 2023.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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