CALGARY, Alberta– (BUSINESS WIRE) – Walton, een bedrijf voor vastgoedinvesteringen en grondactiva met US $ 3,39 miljard onder beheer, is verheugd een aanzienlijke uitkering aan investeerders aan te kondigen van in totaal CAD $ 40,5 miljoen. De distributie werd op 16 maart 2021 goedgekeurd door de door Walton beheerde Roll-Up Corporation (RUC). De uitkering zal op 8 april 2021 aan de aandeelhouders van RUC worden betaald.

RUC werd gevormd door de fusie van 134 Canadese landentiteiten voorafgaand aan de ontwikkeling en heeft meer dan 27.000 aandeelhouders. De Corporation bezit gezamenlijk een belang in 21.533 acres grond vóór ontwikkeling in belangrijke groeimarkten in de Verenigde Staten en Canada. Dit is de tweede uitkering aan investeerders in RUC, waarbij deze uitkering $ 0,60 per aandeel vertegenwoordigt.

RUC-investeerders hebben in totaal CAD $ 48,8 miljoen aan uitkeringen ontvangen. Tot op heden zijn de twee uitkeringen gelijk aan $ 0,71 per aandeel en vertegenwoordigen ze een percentage van ongeveer 8,4% per aandeel op basis van de meest recente prijs per aandeel van $ 8,46.

Walton Announces a CAD $40.5 Million Distribution to Investors in Roll-Up Corporation

CALGARY, Alberta–(BUSINESS WIRE)– Walton, a real estate investment and land asset management company with US $3.39 billion under management, is pleased to announce a significant distribution to investors totaling CAD $40.5 million. The distribution was approved on March 16, 2021 by the Walton-managed Roll-Up Corporation (RUC). The distribution will be paid to shareholders of RUC on April 8, 2021.

RUC was formed through the amalgamation of 134 Canadian pre-development land entities and has more than 27,000 shareholders. The Corporation collectively owns an interest in 21,533 acres of pre-development land in key growth markets throughout the United States and Canada. This is the second distribution made to investors in RUC, with this distribution representing $0.60 per share.

RUC investors have received a total of CAD $48.8 million in distributions. To date, the two distributions equal $0.71 per share and represents an approximate 8.4% per share percentage distribution based on the most recent per share price of $8.46.

Strong market activity and progress on the monetization of RUC’s assets over the past several years, specifically in 2020, contributed to this distribution. The 2021 outlook is projected to be quite successful in terms of exit activity and further monetization of assets as RUC continues to execute on its goals. Currently, RUC has approximately CAD $71.3 million in deals under contract and an additional CAD $61.6 million in negotiated, but not yet executed sale and/or option agreements.

About Walton

Walton is a privately owned, leading global real estate investment, land asset management and administration company that has focused on strategically located land in major growth corridors for more than 40 years. The company manages and administers US$3.39 billion of real estate assets in North America, on behalf of its investors and business partners. Walton has more than 105,000 acres of land under ownership, management and administration in the United States and Canada. Key entities in the Walton Group include Walton Global Holdings, Walton International Group and Walton Development and Management. For more information visit Walton.com.

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Jennifer Whittle

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