MONTREAL, June 4, 2019 /CNW Telbec/ – Group Mach Inc. (“Mach”), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the “Shares”) of Transat AT Inc. (TSX: TRZ) (“Transat” or the “Company”), at a price of $14.00 cash per Share (the “Offer Price”) based… [Read More]
Artis Real Estate Investment Trust Provides Update on NCIB Activity
WINNIPEG, June 3, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) provided an update today on its normal course issuer bid (“NCIB”) activity in May 2019. During the month of May, Artis has acquired the following number of units through its NCIB: 1,590,993 trust units at a weighted-average price of… [Read More]
Granite Announces Departure of Chief Financial Officer
TORONTO, June 3, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite“) (TSX: GRT.UN / NYSE: GRP.U) announced that Ilias Konstantopoulos, Granite’s Chief Financial Officer, has left Granite to pursue other opportunities. The appointment of a new Chief Financial Officer will be announced in due course. Kevan Gorrie, President and Chief Executive Officer of Granite, commented,… [Read More]
A successful second edition of Cominar’s Forest of Stars for the benefit of Opération Enfant Soleil
QUÃBEC, June 2, 2019 /CNW Telbec/ – Cominar donated $185 000 during the 32nd annual Opération Enfant Soleil Telethon, which was the culmination of the 2nd edition of its Forest of Stars fundraising initiative. Cominar was able to surpass its initial goal of $180 000. “The resounding success of Cominar’s Forest of Stars was made… [Read More]
European Residential REIT and CAPREIT Announce Closing of Warehoused Portfolio Acquisition
TORONTO, May 31, 2019 /CNW/ – European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES“) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT“) are pleased to announce the closing of the previously announced acquisition (the “Transaction“) by ERES from CAPREIT of a portfolio (the “Warehoused Portfolio“) comprised of 26 properties, representing an aggregate of… [Read More]
Lakeview Hotel Investment Corp Announces First Quarter 2019 Results
WINNIPEG, May 30, 2019 /CNW/ – Lakeview Hotel Investment Corp (“LHIC”) is pleased to report its financial results for the Quarter ended March 31, 2019. The following comments in regard to the financial results should be read in conjunction with the March 31, 2019 financial statements and Management Discussion and Analysis which are available on the… [Read More]
Mainstreet Announces Normal Course Issuer Bid
CALGARY, May 30, 2019 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of the TSX. … [Read More]
Parkit Enterprise Inc. to Present at the 9th Annual LD Micro Invitational
VANCOUVER, May 29, 2018 /CNW/ – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF), a real estate company engaged in the acquisition, asset management and disposition of niche real estate assets, today announced that Executive Chairman, David Delaney, will present at the 9th annual LD Micro Invitational on June 4, 2019 at… [Read More]
Summit Industrial Income REIT Files Final Base Shelf Prospectus
TORONTO, May 29, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on May 28, 2019 for… [Read More]
Choice Properties Real Estate Investment Trust to Issue $750 million of Series M Senior Unsecured Debentures, and Announces Redemption of $300 million of Debentures Maturing in 2019
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 28, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has agreed to issue, on a private placement basis in certain provinces of Canada (the “Offering”), $750 million aggregate… [Read More]
BTB announces $25 million bought deal of trust units
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MONTREAL, May 27, 2019 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announces today that it has reached an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including Scotiabank, TD… [Read More]
Crombie REIT Announces $193.3 Million Portfolio Disposition
NEW GLASGOW, NS, May 28, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) announces today that it has entered into a second agreement of purchase and sale to sell an 89% non-managing interest in a 15-property portfolio for an aggregate purchase price of approximately $193.3 million (“Partial Disposition” or “Transaction”) to an affiliate… [Read More]
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