March 31st, 2021
District Property Trust, also known as District REIT, is proud to announce that effective March 31st, 2021, the District REIT Price Per Unit is officially increased to $10.60 from $10.00. This is great news, as it indicates growth in the underlying portfolio.
With this Unit Price increase, investors will also see their principal investment increase by 6% due to capital appreciation. This is in line with District REIT’s target of 3-5% per annum for capital appreciation.
Investors of District Property Trust will continue to see a targeted total annual return of 11-13% that includes an 8% per annum current distribution (paid monthly), in addition to 3-5% per annum targeted capital appreciation.
Please read the offering memorandum before investing. This information is provided for general informational purposes only. It is not intended as investment, financial, legal, insurance or tax advice and you should not construe it or rely upon it as such. Professional advice should be obtained with respect to any investment.
Any past or targeted performance is not indicative of future performance and there can be no assurance that District REIT will achieve comparable results, that targeted returns will be met, or that District REIT will be able to implement its strategy or achieve its investment objectives. Also, these returns do not consider redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. This document may contain forward looking information which reflect our current expectations or forecasts of future events. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. FLS is inherently subject to, among other things, risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed herein. Please do not place undue reliance on forward looking information.