R
eal Estate Split Corp. Extends Maturity Date
TORONTO, Aug 13, 2025 (GLOBE NEWSWIRE) -- Real Estate Split Corp. (TSX: RS, RS.PR.A) is pleased to announce that its board of directors intends to approve a 5-year term extension to December 31, 2030. The preferred share distribution rate for the extended term will be announced at least 60 days prior to the original maturity date.
The term extension allows Class A shareholders to continue benefiting from a diversified portfolio of high conviction securities in leading North American real estate companies. This move also enables shareholders to defer potential capital gains tax liability until they dispose of their shares.
Since its inception on November 19, 2020, the Class A shares have delivered a 5.4% per annum total return, including cash distributions of $6.94 per share. Class A shareholders can reinvest their cash distributions in a commission-free dividend reinvestment plan.
Preferred shareholders will enjoy preferential cash dividends until December 31, 2030, with a 5.3% per annum total return since inception.
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