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Allied Announces $153.3 Million Private Placement of Units to Fund Development Commitments Into 2021

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today a private placement of 4,143,108 units from treasury at a price of $37.00 per unit for gross proceeds of $153.3 million. Completion of… [Read More]

Colliers International to Establish Company-Owned Office in North Carolina

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TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI), today announced the opening of a new company-owned office in Raleigh, North Carolina. Together with the recent acquisition of Colliers | Charlotte, Colliers will seamlessly provide a full range of… [Read More]

Brookfield Property Partners Announces Preliminary Results of Substantial Issuer Bid

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BROOKFIELD NEWS, Aug. 31, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY”) (NASDAQ: BPY; TSX: BPY.UN) announced today the preliminary results of its substantial issuer bid (the “Offer”) to purchase up to 74,166,670 BPY units from public unitholders for a fixed cash price of $12.00 per unit, which expired at 5:00pm (Eastern Time) on… [Read More]

Brookfield Property Partners Completes $2.2 Billion of Financings

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BROOKFIELD NEWS, Aug. 28, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) today announced it has successfully issued CAD $500 million in 5-year medium-term notes at a fixed rate of 3.93%. Proceeds from the offering will go towards recently completed and future green projects, as detailed in the prospectus. In… [Read More]

RioCan Real Estate Investment Trust Schedules Date of Third Quarter 2020 Earnings Release, Conference Call and Webcast

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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:  REI.UN) today announced that it is scheduled to release its financial results for the three and nine months ended September 30, 2020 before the market opens on Thursday, October 29, 2020. Interested parties are invited to participate in a conference call… [Read More]

SmartCentres Declares Distribution for August 2020

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TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on September 15, 2020 to… [Read More]

Timbercreek Financial Declares August 2020 Dividend

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TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2020 to holders of Common Shares of record on August… [Read More]

CAPREIT Expands Presence in Western Ontario

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TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and agreed to purchase a portfolio of two properties in London, Ontario and Sarnia, Ontario aggregating 301 residential suites. CAPREIT has agreed to pay $50.0 million for the two properties, funded by… [Read More]

Halmont Properties Corporation Second Quarter Results

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TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the six months ended June 30, 2020 was $1,624,000 as compared to net income of $1,162,000 for the six months ended June 30, 2019.   Six months ended   (in thousands) June 30, 2020… [Read More]

Report on Financial Results for the Six Months Ended June 30, 2020

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TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the six months ended June 30, 2020 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]

FPI Nexus annonce l’acquisition d’une propriété industrielle à locataire unique à Calgary

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MONTRÉAL et TORONTO, 24 août 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) est heureux d’annoncer aujourd’hui qu’il a levé les conditions d’acquisition d’une propriété industrielle à locataire unique située à Rocky View County (Alberta), dans la région métropolitaine de Calgary. La propriété a une superficie locative… [Read More]

Nexus REIT to Acquire a Single-tenant Calgary Industrial Property

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TORONTO and MONTREAL, Aug. 24, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) is pleased to announce that it has waived conditions to acquire a single-tenant industrial property located in Rocky View County Alberta, within the Calgary Metropolitan Region. The property has a gross leasable area of 95,180 square feet… [Read More]