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Sun Residential Real Estate Investment Trust ( (TSE:SRES) ) has issued an announcement.
Sun Residential Real Estate Investment Trust has completed the sale of its interests in two properties in Florida for a total of $15.3 million. The proceeds from the sale will be distributed to unitholders in two phases, after which the company will be wound up and terminated, signaling the end of its operations.
More about Sun Residential Real Estate Investment Trust
Sun Residential Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on acquiring multi-family residential properties in the Sunbelt region of the United States.
Average Trading Volume: 350,941
Technical Sentiment Signal: Buy
Current Market Cap: C$20.33M
For an in-depth examination of SRES stock, go to TipRanks’ Overview page.