PADLOCK PARTNERS UK FUND I ANNOUNCES DISTRIBUTIONS FOR 1st QUARTER OF CALENDAR YEAR 2024

 /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, April 15, 2024 /CNW/ – Padlock Partners UK Fund I (the “Trust“) announced today that its Board of Trustees has declared a cash distribution for the first quarter of the calendar year of 2024. The distribution will be payable on April 15, 2024, to unitholders of record as of the close of business on March 31, 2024. The distribution amounts will be as follows:

  • C$0.14952 per Class A Unit
  • C$0.15428 per Class F Unit
  • GBP£0.15149 per Class U Unit
About Padlock Partners UK Fund I

The Trust is an unincorporated investment trust and was established for the primary purpose of investing in a diversified portfolio of income producing commercial real estate properties in the United Kingdom with a focus on self-storage and mixed-use properties. Currently, the Trust has acquired self-storage properties in Bicester, Letchworth, Leighton Buzzard, Wimbledon, Chippenham and Enfield.

SOURCE Padlock Partners UK Fund I