TORONTO, Aug. 13, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and six months ended June 30, 2019. HIGHLIGHTS: Three Months Ended Six Months Ended June 30, June… [Read More]
FirstService Announces Normal Course Issuer Bid
TORONTO, Aug. 13, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (âFirstServiceâ) announced today that the Toronto Stock Exchange (the âTSXâ) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the âNCIBâ) with respect to its outstanding common shares. The notice provides that FirstService may,… [Read More]
RioCan REIT Announces Completion of $500 Million Offering of Series AB Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Aug. 12, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) announced today that it has closed its previously announced offering, on a private placement basis in certain provinces of Canada, of $500 million principal amount of Series AB senior… [Read More]
Firm Capital Property Trust Reports Highest Quarterly Asset Growth Since Inception
TORONTO, Aug. 09, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report today its financial results for the three and six months ended June 30, 2019. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a total GLA of 3,974,354 square feet (2,218,596 square feet… [Read More]
Northview Apartment REIT Announces Q2 2019 Financial Results, Ontario Same Door NOI Growth of 11.8% and Strong Revenue Growth Across the Portfolio
CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN â TSX), today announced financial results for the three months and six months ended June 30, 2019. HIGHLIGHTS Same door NOI increase of 2.9%, including a 3.3% increase for the multi-family business segment in the second quarter of 2019… [Read More]
WPT Industrial REIT Announces Second Quarter Results
TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U – OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2019. All dollar amounts are stated in U.S. funds. Highlights for the three months ended June 30, 2019, including events subsequent to the… [Read More]
Partners Announces Results for the Second Quarter of 2019
BARRIE, Ontario, Aug. 07, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREIT,â or âPartnersâ) (TSX: PAR.UN) today announced its results for the three month period ended June 30, 2019 (the âsecond quarterâ). SECOND QUARTER 2019 HIGHLIGHTS Comprehensive loss of $1.0 million, a decrease to income of $2.8 million when compared to the… [Read More]
Timbercreek Financial Announces 2019 Second Quarter Results
TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) announced today its financial results for the three months and six months ended June 30, 2019 (âQ2 2019â). Q2 2019 Highlights Maintained conservative portfolio risk position focused on income-producing commercial real estate 93.8% of net mortgage investment portfolio are first mortgages 86.1% of… [Read More]
RioCan REIT Announces $500 Million Offering of Series AB Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX:REI.UN) announced today that it has agreed to issue $500 million principal amount of Series AB senior unsecured debentures (the âDebenturesâ). The Debentures are being offered on an agency basis by… [Read More]
Allied Announces Redemption of 3.748% Series A Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(âAlliedâ) announced today that it has issued a notice of redemption to the registered holders of its $225 million aggregate principal amount of 3.748% series A… [Read More]
European Residential REIT Announces Second Quarter 2019 Results
TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (âERESâ or the âREITâ) (TSX-V: ERE.UN) announced today its results for the three and six months ended June 30, 2019. SECOND QUARTER 2019 HIGHLIGHTS During the three months ended June 30, 2019, the REIT acquired from CAPREIT two portfolios of properties (the… [Read More]
Allied Announces Pricing and Upsizing of Offering of Series D Senior Unsecured Debentures
TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (âAlliedâ) announced today that it has priced and upsized its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series D senior unsecured debentures (the âDebenturesâ). The Debentures will bear interest at a rate of 3.394%… [Read More]