QUEBEC CITY, Sept. 16, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today a distribution of 6.00 cents per unit to unitholders of record as at September 30, 2019, payable on October 15, 2019. PROFILE AS AT SEPTEMBER 16, 2019Cominar is one of the largest diversified real estate investment trusts in… [Read More]
Summit Industrial Income REIT to Acquire Two Properties and Interest in Development Land
TORONTO, Sept. 16, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a brand new single tenant light industrial property and 100% of a second recently constructed multi-tenant light industrial property totaling 431,930 square feet in a newly-created industrial park with frontage on The Hanlon Expressway near Highway 401 in Guelph, Ontario. Summit will pay $57.0 million in cash for the two properties, funded by… [Read More]
Cominar Announces the Redemption of its 4.23% Series 2 Debentures
QUÃBEC CITY, Sept. 13, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT“) (TSX: CUF.UN) announced today that it has issued a notice of redemption to the holders of its 4.23% Series 2 Debentures due December 4, 2019 (the “Debentures“). As set out in the notice of redemption, Cominar intends to redeem the full… [Read More]
Summit Industrial Income REIT Announces September 2019 Cash Distribution
TORONTO, Sept. 13, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on October 15, 2019 to Unitholders of record on September 30, 2019. Holders of units of a subsidiary of the REIT that are exchangeable into trust units of… [Read More]
American Hotel Income Properties REIT LP Announces September 2019 U.S. Dollar Cash Distribution
VANCOUVER, Sept. 13, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of September 1, 2019 to September 30, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]
Choice Properties Real Estate Investment Trust Declares Distribution for the Month of September, 2019
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 13, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a distribution for the month of September, 2019 of $0.061667 per trust unit, representing $0.74… [Read More]
CT Real Estate Investment Trust Declares Distribution for the Period of September 1, 2019 to September 30, 2019
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Sept. 13, 2019 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of September 1, 2019 to September 30, 2019 of $0.0631 per trust… [Read More]
Genworth MI Canada Inc. Announces Special Dividend
TORONTO, Sept. 12, 2019 /CNW/ – Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has declared a special dividend of $1.45 per common share, for an aggregate amount of approximately $125 million. This special dividend is to be paid on October 11, 2019, to shareholders of record at… [Read More]
Empire Company Reports Voting Results
STELLARTON, NS, Sept. 12, 2019 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced the voting results for the election of its directors at its Annual General Meeting held today at Cineplex Cinemas, 612 East River Road, New Glasgow, Nova Scotia. There were 98,138,079 Class B shares (100% of outstanding Class B… [Read More]
True North Commercial Real Estate Investment Trust Completes Previously Announced $80.5 Million Equity Offering With Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Sept. 12, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed its previously announced bought deal offering (the “Offering“) of trust units (“Units“) with a syndicate of underwriters (the “Underwriters“) led by… [Read More]
Momentum Continues – Empire Posts Increased First Quarter Fiscal 2020 Earnings
First Quarter Summary Same-store sales excluding fuel increased by 2.4% Earnings per share of $0.48 compared to $0.35 last year Adjusted earnings per share of $0.49 compared to $0.37 last year Store closure and conversion costs of $21.0 million ($0.06 per share, after tax) included in results 22 FreshCo locations in Western Canada confirmed to… [Read More]
Summit Industrial Income REIT Sells Interests in Data Centre Projects
Generates Significant Realized Gain of $0.35 per Unit Results in Special Distribution of $0.07 per Unit Redeploying Capital into Core Light Industrial Developments & Acquisitions TORONTO, Sept. 11, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has sold its interests in its data centres in the Greater Toronto… [Read More]
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