{"id":402195,"date":"2020-12-17T13:12:24","date_gmt":"2020-12-17T18:12:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402195"},"modified":"2020-12-17T13:12:24","modified_gmt":"2020-12-17T18:12:24","slug":"wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/","title":{"rendered":"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; WPT Industrial Real Estate Investment Trust (the \u201c<strong>REIT<\/strong>\u201d) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of December 2020 of US$0.0633 per unit. The distribution will be payable on January 15, 2021 to unitholders of record as of the close of business on December 31, 2020.<\/p>\n<p align=\"justify\">Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the \u201cCertain Canadian Federal Income Tax Considerations\u201d, \u201cCertain U.S. Federal Income Tax Considerations\u201d sections of the REIT\u2019s prospectus dated April 18, 2013, and \u201cRisk Factors \u2013 Tax-Related Risks\u201d in the REIT\u2019s most recently filed annual information form, copies of which are available on the SEDAR website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Dg_fnAlNjA1T_WZ9d_R0LHM86CMZC_eBH9aYOXhsrCrfj3YzEoqrV1AW5NysEBLMvoMtBcBb8Lk0HvU3WkpToA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sedar.com<\/a>. Additional tax information regarding the REIT\u2019s distributions is also available on the REIT\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HwRQTG_KtAWHa35R3c2Z0D3cpnyS8IzxM7pUwTkUQdu7jsrkwvm4CaK4SwyxHQ5nhU7SqCDc_S8CJF0ZXaueZA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.wptreit.com<\/a>. Unitholders should consult their own tax advisors for advice with respect to the tax consequences of receiving a distribution from the REIT in their own circumstances.<\/p>\n<p>\n        <strong>About WPT Industrial Real Estate Investment Trust<\/strong>\n      <\/p>\n<p align=\"justify\">WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT acquires, develops, manages and owns distribution and logistics properties located in the United States. WPT Industrial, LP (the REIT\u2019s operating subsidiary) indirectly owns or manages a portfolio of properties across 20 U.S. states consisting of approximately 35.6 million square feet of GLA and 108 properties. The REIT pays monthly cash distributions, currently at $0.0633 per Unit, or approximately $0.76 per Unit on an annualized basis, in US funds.<\/p>\n<p>For further information, please contact:<\/p>\n<p>\n        <strong>Scott Frederiksen, Chair and Chief Executive Officer<\/strong><br \/>\n        <br \/>WPT Industrial REIT<br \/>Tel: (612) 800-8501<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDI3MSMzODg3MTA2IzIwOTA5MzU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/184c60dc-0e73-4a9a-b6b9-513de9467a5d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; WPT Industrial Real Estate Investment Trust (the \u201cREIT\u201d) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of December 2020 of US$0.0633 per unit. The distribution will be payable on January 15, 2021 to unitholders of record as of the close of business on December 31, 2020. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the \u201cCertain Canadian Federal Income Tax Considerations\u201d, \u201cCertain U.S. Federal Income Tax Considerations\u201d sections of the REIT\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402195","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; WPT Industrial Real Estate Investment Trust (the \u201cREIT\u201d) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of December 2020 of US$0.0633 per unit. The distribution will be payable on January 15, 2021 to unitholders of record as of the close of business on December 31, 2020. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the \u201cCertain Canadian Federal Income Tax Considerations\u201d, \u201cCertain U.S. Federal Income Tax Considerations\u201d sections of the REIT\u2019s &hellip; Continue reading &quot;WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T18:12:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDI3MSMzODg3MTA2IzIwOTA5MzU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution\",\"datePublished\":\"2020-12-17T18:12:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/\"},\"wordCount\":325,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNDI3MSMzODg3MTA2IzIwOTA5MzU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\\\/\",\"name\":\"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution - 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The distribution will be payable on January 15, 2021 to unitholders of record as of the close of business on December 31, 2020. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the \u201cCertain Canadian Federal Income Tax Considerations\u201d, \u201cCertain U.S. Federal Income Tax Considerations\u201d sections of the REIT\u2019s &hellip; Continue reading \"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-17T18:12:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDI3MSMzODg3MTA2IzIwOTA5MzU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution","datePublished":"2020-12-17T18:12:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/"},"wordCount":325,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDI3MSMzODg3MTA2IzIwOTA5MzU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wpt-industrial-real-estate-investment-trust-announces-december-2020-distribution\/","name":"WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution - 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