True North Apartment REIT Announces November 2012 Distribution

TORONTO, Nov. 15, 2012 /CNW/ -True North Apartment Real Estate Investment 
Trust (TSXV: TN.UN) (the "REIT") today announced a cash distribution of 
$0.0233 per trust unit ("Unit") for the period from November 1, 2012 and 
ending November 30, 2012. The distribution will be payable on December 17, 
2012 to unitholders of record as at November 30, 2012. 
Unitholders can participate in the REIT's unitholder Distribution Reinvestment 
Plan ("DRIP"). Eligible investors registered in the DRIP will have their 
monthly cash distributions used to purchase additional Units, at a 3% discount 
to the weighted average closing price of the Units, for the five trading days 
immediately preceding the date of distribution declared by the REIT. No 
assurances can be made that new Units will be made available under the DRIP on 
a regular basis, or at all. The DRIP provides an efficient and cost-effective 
way for the REIT to issue additional equity to existing unitholders. 
About the REIT 
The REIT is an unincorporated, open-ended real estate investment trust 
established under the laws of the Province of Ontario. Additional information 
concerning the REIT may be obtained from the management information circular 
dated May 4, 2012 of Wand Capital Corporation and is available at 
The REIT focuses on a long-term strategy to generate stable cash distributions 
on a tax-efficient basis for unitholders. The REIT intends to actively look 
for opportunities to expand its asset base and increase its distributable cash 
flow through acquisitions of additional multi-suite residential rental 
properties across Canada, the United States and other jurisdictions where 
opportunities may arise. 
Forward-looking Statements 
Certain statements contained in this press release constitute forward-looking 
information within the meaning of applicable securities laws. Forward-looking 
information may relate to the REIT's future outlook and anticipated events or 
results and may include statements regarding the financial position, business 
strategy, budgets, litigation, projected costs, capital expenditures, 
financial results, taxes, plans and objectives. Statements regarding future 
results, performance, achievements, prospects or opportunities for the REIT or 
the real estate industry are forward-looking statements. In some cases, 
forward-looking information can be identified by such terms such as "may", 
"might", "will", "could", "should", "would", "occur", "expect", "plan", 
"anticipate", "believe", "intend", "estimate", "predict", "potential", 
"continue", "likely", "schedule", or the negative thereof or other similar 
expressions concerning matters that are not historical facts. Some of the 
specific forward-looking statements in this press release include, but are not 
limited to, statements with respect to the anticipated future growth of the 
REIT in 2012 and 2013. 
Although the forward-looking statements contained in this press release are 
based upon assumptions that management of the REIT believes are reasonable 
based on information currently available to management, there can be no 
assurance that actual results will be consistent with these forward-looking 
statements. Forward-looking statements necessarily involve known and unknown 
risks and uncertainties, many of which are beyond the REIT's control, which 
may cause actual results to differ materially from those expressed or implied 
by such forward-looking statements. 
The forward-looking statements made in this press release relate only to 
events or information as of the date hereof. Except as required by applicable 
Canadian law, the REIT undertakes no obligation to update or revise publicly 
any forward-looking statements, whether as a result of new information, future 
events or otherwise, after the date on which the statements are made or to 
reflect the occurrence of unanticipated events. 
The TSX Venture Exchange ("TSXV") has neither approved nor disapproved the 
contents of this press release. 
Neither the TSXV nor its Regulation Services Provider (as that term is defined 
in policies of the TSXV) accepts responsibility for the adequacy or accuracy 
of this release. 
Leslie Veiner President and Chief Executive Officer (416) 234-8444 
Martin Liddell Chief Financial Officer (416) 234-8444 
SOURCE: True North Apartment Real Estate Investment Trust 
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CO: True North Apartment Real Estate Investment Trust
ST: Ontario
-0- Nov/15/2012 21:05 GMT
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