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Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting

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TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) is pleased to announce that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes “For” Votes “No”… [Read More]

Allied Announces Launch of Offering of Series D Senior Unsecured Debentures

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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) (“Allied”) announced today that it has launched an offering of a minimum of $225 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”)…. [Read More]

RioCan Announces Second Quarter Results for 2019

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TORONTO, Aug. 02, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) today announced its financial results for the three and six months ended June 30, 2019 (“Second Quarter”). “RioCan continued to deliver strong unitholder value in the second quarter of 2019 as a result of the successful execution of our major… [Read More]

Brookfield Property Partners Reports Second Quarter 2019 Results

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2019 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended June 30, 2019.  “In the second quarter, we achieved earnings growth of 6% and were active in monetizing… [Read More]

Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2019. Revenue was down 4% to $41.09 million compared to Q2-2018. Year to date revenue was $75.97 million, down 13% compared… [Read More]

CAPREIT Acquires 942 Suites In The Netherlands

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a portfolio of 18 modern, high-quality residential rental properties totaling 942 residential suites well located in seven urban growth markets in the Netherlands. Approximately 91% of the properties have been constructed since 1970…. [Read More]

Colliers Bolsters Occupier Services Team With New Global Leader

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced the appointment of Scott Nelson to CEO, Occupier Services | Global, effective immediately. In this new role, Scott will focus on driving greater consistency and enabling better service… [Read More]

Allied Announces Second-Quarter Results

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TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2019. “We propelled strong internal and external growth in the first half of 2019,” said Michael Emory, President & CEO. “Percentage growth in same-asset NOI, FFO per unit and AFFO… [Read More]

Allied to Fund Westbank’s Urban Workspace Project at 720 Beatty Street in Vancouver

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TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has agreed to fund Westbank’s urban workspace project at 720 Beatty Street in Vancouver (the “Property”). “Providing this funding to Westbank will enable us to generate an accretive return from the outset,” said Michael Emory, President… [Read More]

Melcor REIT announces second quarter 2019 results

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Highlights Rental revenue remained stable over Q2-2018 at $17.47 million; $35.42 million year to date Net operating income grew 3% over Q2-2018 at $11.38 million; 1% to $22.39 million year to date Adjusted funds from operations (AFFO) declined 4% to $4.78 million or $0.17 per unit in the quarter; down 5% to $9.39 million or… [Read More]

Timbercreek Financial Declares July 2019 Dividend and Will Release Second Quarter 2019 Financial Results on Wednesday August 7, 2019

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TORONTO, July 24, 2019 (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 August 15, 2019 to holders of Common Shares of record on… [Read More]