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Allied Announces June 2020 Distribution

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TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the month of June 2020, representing $1.65 per unit on an annualized basis. The distribution will be payable on July 15, 2020, to unitholders of record as… [Read More]

Melcor REIT announces June distribution of $0.03 per unit, June rent collection update and Q2-2020 conference call details

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EDMONTON, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of June. The June distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount June 2020 June 30,… [Read More]

Urbanfund Corp. Amends Its Dividend Reinvestment Plans

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Company’s board of directors has approved an increase to the number of common shares available… [Read More]

SmartCentres Real Estate Investment Trust Closes $600 Million Series V and Series W Senior Unsecured Debenture Issues

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has closed its previously announced private placement of $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal… [Read More]

Dream Unlimited Corp. Provides Business Update

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TORONTO, June 11, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today provided a business update on transactional and operational activity for the month of June 2020.   Dream has now closed on the sale of its indirect interest in a renewable power portfolio to Potentia Renewables Inc. In addition,… [Read More]

Maplewood International REIT Announces Completion of REIT Termination and Consideration Payment to Unitholders

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MISSISSAUGA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to the press release issued by Maplewood International Real Estate Investment Trust (the “REIT”) on June 3, 2020 announcing that the termination of the REIT (the “REIT Termination”) would take place at 11:59 p.m. (Toronto time) on Friday, June 5, 2020 (the “REIT Termination… [Read More]

ERES REIT Announces Timing of Second Quarter 2020 Results & Conference Call

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TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it will issue its financial results for the three and six months ended June 30, 2020 after markets close on: Monday, August 10, 2020 A conference call hosted by Phillip Burns, Chief Executive Officer and the ERES… [Read More]

Melcor REIT terminates Automatic Share Purchase Plan

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EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP… [Read More]

UPDATE – CAPREIT Advances Toronto Operating Lease Buyout Strategy

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TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — This release was previously disseminated on June 3, 2020 at 17:00 ET. The address “33 Davisville Avenue” has been added to the first paragraph, along with additional information regarding the purchase price of the operating lease buyout. The complete and corrected release follows. Canadian Apartment Properties Real Estate… [Read More]

SmartCentres Real Estate Investment Trust Announces $300 Million Series V and $300 Million Series W Senior Unsecured Debenture Issues

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 04, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal amount of Series W… [Read More]

InterRent REIT Closes $230 Million Bought Deal Financing

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OTTAWA, June 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 15,709,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise of the over-allotment option granted to the underwriters in connection with the Offering, at a… [Read More]