|By Marketwired .||
|May 16, 2014 02:17 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 05/16/14 -- InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on June 16, 2014, has been declared to the holders of record as at the close of business May 30, 2014.
InnVest is an unincorporated open-ended real estate investment trust which owns a portfolio of 124 hotels across Canada representing approximately 15,500 guest rooms operated under internationally recognized brands. InnVest also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.
InnVest's units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") under the symbols INN.UN, INN.DB.C, INN.DB.D, INN.DB.E, INN.DB.F and INN.DB.G.
InnVest Real Estate Investment Trust
Vice President, Finance and Investor Relations
(905) 206-7114 (FAX)