Ms. Jane Shaw reports
CT REAL ESTATE INVESTMENT TRUST RENEWS BASE SHELF PROSPECTUS
CT Real Estate Investment Trust has filed a base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. The final base shelf prospectus is valid for a 25-month period, during which CT REIT may offer trust units (including on a secondary basis), preferred units, debt securities, warrants and subscription receipts, or any combination thereof, having an aggregate offering price of up to $2-billion. Any issue of securities under the shelf prospectus will require the filing of a prospectus supplement that will include specific terms of the securities being offered and details regarding the plan of distribution.
About CT Real Estate Investment Trust
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio comprises over 350 properties totalling approximately 29 million square feet of gross leasable area, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corp. Ltd. is CT REIT's most significant tenant.
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