On June 10, 2025, CT Real Estate Investment Trust (CT REIT) announced an at-the-market (ATM) equity offering of up to C$100 million of trust units through an equity distribution agreement with CIBC World Markets Inc. and BMO Nesbitt Burns Inc. The offering will be conducted in accordance with National Instrument 44-102 – Shelf Distributions, with units sold directly on the Toronto Stock Exchange (TSX) or other recognized marketplaces at prevailing market prices. No minimum funds are required to be raised, and units may be sold intermittently over the duration of the agreement. The REIT will pay the agents a commission of up to 2.00% of the gross sales price per unit.

Legal matters for the REIT are being handled by Stikeman Elliott LLP, while Osler, Hoskin & Harcourt LLP is advising the agents. The TSX has conditionally approved the listing of the offered units under the ticker “CRT.UN,” with the units trading at C$16.18 on the announcement date. Net proceeds, if any, will be used for repaying indebtedness, working capital, acquisitions, development activity, and other general business purposes.