BSR Real Estate Investment Trust : REIT Announces January 2021 Cash Distribution

LITTLE ROCK, Ark. And TORONTO, Jan. 15, 2021 / CNW / – BSR Real Estate Investment Trust (the “REIT”) (TSX: HOM.U; HOM.UN) today announced a cash distribution of $ 0.0417 per unit of REIT to the Month of January 2021, which equates to USD 0.50 per REIT unit on an annual basis. Payment will be made on February 16, 2021 to the shareholders of record as of January 31, 2021.

About BSR Real Estate Investment Trust

The BSR Real Estate Investment Trust is an internally administered, unregistered, open real estate investment trust established under a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of garden-style apartment buildings in attractive primary and secondary markets in the US Sunbelt region.

Forward-Looking Statements

This press release may contain forward-looking statements (within the meaning of applicable securities laws) regarding the business of the REIT. Forward-looking statements are identified by words such as “believe,” “anticipate,” “project,” “expect,” “intend,” “plan,” “will,” “may,” “estimate” and other similar expressions. These statements are based on the expectations, estimates, forecasts and projections of the REIT and contain, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this press release are based on certain assumptions including, without limitation, that the REIT has sufficient cash to pay its distributions. They are not a guarantee of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from those discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading “Risk Factors” in the REIT management’s discussion and analysis for the Third quarter 2020, dated November 10, 2020, available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be correct, as actual results and results could differ materially from those expressed in these forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements. In addition, these forward-looking statements apply as of the date of this press release. Unless expressly required by law, the REIT assumes no obligation to publicly update or revise any forward-looking statements based on new information, future events or in any other way.

SOURCE BSR Real Estate Investment Trust

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