Adventus Implements Distribution Policy, Announces Initial Distribution Payment and DRIP Program

August 27, 2018
Adventus Opportunity Fund by its Trustee, Adventus Opportunity Services Inc. (“Adventus” or the “Company”) is pleased to advise that following the previously announced off-market acquisition of Town Park Commons in suburban Atlanta, the Board of Trustees of Adventus has approved an Initial Distribution payment of US $0.1575 per unit to unitholders who subscribed during the month of June 2018, US $0.105 per unit to unitholders who subscribed during the month of July 2018, and US $0.0525 per unit to unitholders who subscribed during the month of August 2018 (all annualized at US $0.63 per unit). The Initial Distribution payment will be payable September 17, 2018.
Furthermore, following the Initial Distribution payment, the Company will commence paying monthly distributions at US $0.0525 per unit, starting with the September, 2018 distribution declaration (payable October 15, 2018). The annualized distribution represents a 6.3% yield on our most recent subscription price of US $10.00 per unit. Effective for the September, 2018 distribution, the Company will be initiating its Distribution Reinvestment Plan (the “Plan”). Further information on the Plan will be communicated to investors during September.
 
About Adventus
Adventus is a Canadian based private Real Estate Investment Trust (REIT) and is focused on US income producing commercial real estate in select suburban office markets. For more information on Adventus, including our team, corporate strategy, photo gallery, details of our portfolio and press releases, we invite you to visit our website at www.adventusrealty.com.

 

Cautionary Statements Regarding Forward-Looking Statements
 
This press release may contain forward-looking statements with respect to the REIT and its operations, strategy, financial performance and financial condition, as well as with respect to the previously disclosed acquisitions and future acquisitions of properties. These statements generally can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “forecast”, “expect”, “intend”, “would”, “could”, “if”, “may” and similar expressions. The actual results and performance of the REIT discussed herein could differ materially from those expressed or implied by such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, changes in interest rates, competition and changes in securities or other laws or regulations or the application thereof. The cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf.
Unless otherwise stated, all forward-looking statements speak only as of the date of this press release. Except as required by applicable law, the REIT specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

 

ADVENTUS OPPORTUNITY FUND

 

By its Trustee: ADVENTUS OPPORTUNITY SERVICES INC.
Per: Rodney B. Johnston, FCPA, FCA
President and Chief Executive Officer
Investors News Releases Adventus Implements Distribution Policy, Announces Initial Distribution Payment and DRIP Program