REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


Partners REIT Announces Completion of Plan of Arrangement

By Tagged With:

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) and McCowan and Associates Ltd. (“MAA”) today jointly announced the completion of the previously announced statutory plan of arrangement (the “Arrangement”) pursuant to which, MAA acquired all of the outstanding units of the REIT (each, a “Unit”),… [Read More]

Dream Unlimited Corp. Acquires Units of Dream Office Real Estate Investment Trust

By Tagged With: ,

TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”) announced today that that it has acquired 200,000 REIT Units, Series A (“Units”) of Dream Office REIT (TSX: D.UN) (“Dream Office REIT”), representing approximately 0.3% of the issued and outstanding Units on the Toronto Stock Exchange (the “TSX”) for aggregate… [Read More]

The Becker Milk Company Limited: Six Month Financial Results and Special Dividend

By Tagged With:

TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2019. HIGHLIGHTS Total revenues for the six months ended October 31, 2019 were $1,618,664 compared to $1,522,067 for the same period in 2018; Net operating income for… [Read More]

Colliers International Declares Semi-Annual Dividend on Common Shares

By Tagged With:

TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers“) announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares“) of Colliers of US$0.05 per Common Share. This dividend is in accordance… [Read More]

Northwest Healthcare Properties Real Estate Investment Trust Announces Increase to Previously Announced Equity Financing from $225 Million to $250 Million

By Tagged With: ,

TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.UN) announced today that, due to strong demand, it has increased the size of the previously announced public offering to 18,450,000 trust units (“Units”) at a price of $12.20 per Unit (the “Offering Price”)  for gross… [Read More]

Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

By Tagged With:

CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (the “Fund”) (TSX: RA.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the open market… [Read More]

CAPREIT Significantly Expands Presence in Halifax, Nova Scotia

By Tagged With:

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and agreed to acquire, subject to regulatory approvals, a portfolio of eight properties containing fourteen apartment buildings totaling 1,503 rental suites, well-located throughout the downtown core and surrounding metro area of Halifax,… [Read More]

NorthWest Healthcare Properties Real Estate Investment Trust Announces $225 Million Equity Financing

By Tagged With: ,

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.UN) announced today a public offering, on a “bought deal” basis, of 16,400,000 trust units (the “Units”) at a price of $12.20 per Unit (the “Offering Price”) representing gross proceeds of approximately $200.1 million (the “Public… [Read More]

Partners REIT Obtains Final Court Order Approving Plan of Arrangement

By Tagged With:

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that it has obtained a final order of the Ontario Superior Court of Justice approving the previously announced statutory plan of arrangement (the “Arrangement”) pursuant to which McCowan and Associates Ltd. (“MAA”) will acquire all… [Read More]

Dream Unlimited Corp. Announces Intention to Commence Substantial Issuer Bid

By Tagged With: ,

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (DRM-TSX) (“Dream”, the “Company” or “we”) today announced its intention to commence a substantial issuer bid (the “Offer”) pursuant to which the Company will offer to purchase up to 10,000,000 of its outstanding Class A subordinate voting shares (“Shares”) at a purchase price of $11.75… [Read More]

Allied sur le point d’acquérir un complexe immobilier important de classe I à Montréal

By Tagged With: ,

TORONTO, 09 déc. 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (« Fonds de placements immobiliers Allied Properties », ci-après « Allied ») a annoncé aujourd’hui avoir conclu une convention d’achat (la « Convention ») en vue d’acquérir un complexe immobilier important de Classe I situé à Montréal au 747 rue Square-Victoria (« 747 Square-Victoria »)… [Read More]

Allied to Acquire Major Class I Complex in Montréal

By Tagged With: ,

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement to acquire a large and important Class I complex in Montréal, 747 Square-Victoria Street (“747 Square-Victoria”), for $276 million. The agreement is subject to regulatory approval but not subject to due-diligence, which… [Read More]