TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has completed the previously-announced purchase of two properties in London and Sarnia, Ontario aggregating 301 residential suites. CAPREIT paid $50.0 million for the two properties, funded by CAPREITâs cash and cash equivalents. The London property… [Read More]
PROREIT Announces September 2020 Distribution and Renewal of Normal Course Issuer Bid
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, Sept. 21, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT (“Units“) for the month of September 2020… [Read More]
Timbercreek Financial Exercises Accordion Feature of its Revolving Credit Facility and Announces Redemption of 5.40% Convertible Unsecured Debentures
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (âTimbercreek Financialâ or the âCompanyâ) is pleased to announce that it has entered into an amendment to its existing revolving credit facility (âCredit Facilityâ) in… [Read More]
ERES REIT Announces Acquisition Of €26.25MM Multi-Residential 5-Property Portfolio
TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, âERESâ or the âREITâ) announced today that it has entered into an agreement to acquire a multi-residential portfolio of five properties located in the Netherlands (the âKairos Portfolioâ). The Kairos Portfolio is comprised of 113 residential suites and 98 parking units… [Read More]
Morguard’s Fifth Annual BeYou Campaign works to Keep Kids Connected in support of Big Brothers Big Sisters Canada
MISSISSAUGA, ON, Sept. 18, 2020 /CNW/ – For the fifth year in a row, Morguard Corporation (“Morguard”) (TSX: MRC) is joining forces with Big Brothers Big Sisters of Canada (“BBBSC”) through our BeYou campaign to help keep kids connected and raise funds to support BBBSC programs. The 2020 campaign officially launches today with an empowering… [Read More]
Artis REIT Completes Offering of $250 Million of 3.824% Series D Senior Unsecured Debentures
/NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, Sept. 18, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis REIT“) (TSX: AX.UN) announced today that it has closed its previously announced offering of $250 million aggregate principal amount of series D senior unsecured debentures (the “Debentures“). The… [Read More]
First Capital REIT Congratulates CFO Kay Brekken on Retirement Announcement
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Sept. 17, 2020 /CNW/ – First Capital Real Estate Investment Trust (“First Capital” or the “Trust”) (TSX:FCR.UN), a leading developer, owner and manager of mixed-use real estate located in Canada’s most densely populated cities, announced today that Kay Brekken, Chief… [Read More]
WPT Industrial Real Estate Investment Trust Announces September 2020 Distribution
TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of September 2020 of US$0.0633 per unit. The distribution will be payable on October 15, 2020 to unitholders of record… [Read More]
Summit Industrial Income REIT Announces Completion of $250 Million Offering of 2.15% Series A Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Sept. 17, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has completed its previously announced offering (the “Offering“) of $250 million aggregate principal amount of series A senior unsecured debentures… [Read More]
Morguard Corporation Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, ON, Sept. 17, 2020 /CNW/ – Morguard Corporation (MRC:TSX) (“Morguard”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Morguard of its intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Morguard may, during… [Read More]
Top Chicago Brokerage Selects RESAAS for Global Reach
VANCOUVER, BC, Sept. 17, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce a leading real estate brokerage in Chicago, IL has selected RESAAS to bring its agents more international referral business. Exit Strategy Realty is a leading real estate brokerage based in… [Read More]
Terra Firma Capital Corporation Reports Closing of Four New Transactions Amounting to US$36 Million
All amounts are stated in United States dollars unless otherwise indicated TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a leading real estate finance company, today announced the closing of four new separate transactions for commitments totaling $36 million during the last 30 days. The… [Read More]