MISSISSAUGA, ON, Dec. 18,
2024 /CNW/ - R&R Real Estate Investment Trust
(TSXV: RRR.UN) (the "REIT") announces that its board of trustees
has approved a one-time return of capital of C$0.00456 per unit to holders of all trust units
of the REIT (collectively, the "Unitholders"). The return of
capital will be paid by the REIT on Wednesday, January 15, 2025 to Unitholders of
record at the close of trading on Tuesday,
December 31, 2024.
Pursuant to the terms of the Class B limited partnership units
in the capital of R&R (US) Parent LP (the "Class B LP Units"),
a subsidiary of the REIT, that are exchangeable for units of the
REIT, an equivalent return of capital will be made in respect of
each of the Class B LP Units.
About R&R REIT
R&R REIT is an open-ended real estate investment trust
focused on increasing unitholder value through the acquisition and
ownership of hotel properties located in the United States.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE R&R Real Estate Investment Trust