- Middlefield, the manager of Middlefield Global Real Asset Fund, on Tuesday announced that Real Asset intends to merge into Real Estate Split (TSX:RS:CA), a split share corporation founded in 2020.
- The investment objectives of Real Estate Split are to provide holders of Class A shares with non-cumulative monthly cash distributions and holders of Preferred shares with fixed cumulative preferential quarterly cash distributions, and a return of the original issue price of $10.00 to holders upon maturity.
- Source: Press Release
2024-06-25