Forum Real Estate Income and Impact Fund Announces Monthly Distribution in August 2022

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TORONTO, ON / ACCESSWIRE / September 15, 2022 / Forum Real Estate Income and Impact Fund (“REIIF” or the “Trust”) has announced a distribution for the month of August 2022 as follows:

DISTRIBUTION PER UNIT

Series

Monthly

on an annual basis

A

$0.0313

$0.3750

f

0.0375

0.4500

l

0.0396

0.4750

This distribution is the eighth monthly distribution since the launch of REIIF in December 2021 and was paid on September 15, 2022 to holders of a record August 31, 2022.

About REIIF

REIIF invests primarily in institutional-grade multi-family rental apartments, purpose-built student housing (PBSA), and co-living communities in limited supply markets in Canada. The Trust also aims to deliver an industry-leading impact and ESG-driven portfolio that will improve yields and total returns while future-proofing the portfolio to ensure diversity and resilience of income. For more information, please visit our website at www.forumreiif.ca.

About Forum Asset Management Inc.

Forum Asset Management Inc., the manager of REIIF, along with its subsidiaries (“FAMI”), is an investor, developer and asset manager that has been active in North America for more than 25 years. Our core purpose is to deliver extraordinary results™ to our stakeholders. Our flexible, agile and dynamic team is committed to sustainability and responsible investing, creating value that benefits the communities in which we invest.

Our investment focus includes real estate, private equity and infrastructure. The enterprise value of our assets under management currently exceeds C$1.7 billion. Our investments have attracted a number of top investors. We are proud to have performed in the top segment of alternative wealth returns since 2002, while making a positive impact on more than 6,000 lives. Visit: www.forumam.com.

Contacts

Name: Rajeev Viswanathan, Chief Financial Officer
Phone number: 416-947-0389
E-mail: [email protected]

Warning:

The information in this press release is for informational purposes only; is not investment, financial or other advice; and is not intended to be used as a basis for making an investment decision. This press release does not constitute or form part of any offer or solicitation of sale or issuance, or any solicitation of an offer to purchase or subscribe for any securities, nor shall any part of this press release form the basis of, or be relied upon in any way. in connection with any contract or investment decision relating to REIIF securities. This press release does not constitute any undertaking, recommendation, representation or warranty on the part of any person. The completeness of the information contained in this press release should not be relied upon. This press release is not intended to be a comprehensive overview of all matters relating to REIIF. Please visit www.forumreiif.ca For more information.

This press release may contain forward-looking information within the meaning of applicable Canadian securities laws. Often, but not always, forward-looking information can be identified through the use of words such as “expect,” “intend,” “expect,” “believe,” or variations (including negative variations) of such words and phrases, or states that certain actions, events or results “may”, “should”, “should” or “will” be taken, occur or be achieved. Such forward-looking statements reflect management’s current beliefs and are based on assumptions and information currently available to FAMI. Readers are cautioned that these forward-looking statements are not promises or guarantees, and are subject to risks and uncertainties that could cause future results to differ materially from those anticipated, including but not limited to risks related to general economic conditions; adverse factors affecting the real estate market in general or those specific markets in which REIIF holds real estate; volatility of real estate prices; inability to access sufficient capital from internal and external sources and/or inability to access capital on favorable terms; currency and interest rate fluctuations and other risks. While FAMI has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that could cause results not to be as expected, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events may differ materially from the results anticipated in such information. These forward-looking statements are made as of the date hereof and FAMI assumes no obligation to update or revise them to reflect new events or circumstances, except as required under applicable securities laws.

SOURCE: Forum asset management

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