Inovalis Real Estate Investment Trust (INO.UN) to Issue $0.07 Monthly Dividend
Inovalis Real Estate Investment Trust (TSE:INO.UN) declared a monthly dividend on Thursday, July 27th, TickerTech reports. Stockholders of record on Tuesday, August 15th will be given a dividend of 0.0688 per share on Tuesday, August 15th. This represents a $0.83 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date is Thursday, July 27th.
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Inovalis Real Estate Investment Trust Company Profile
Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area.
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