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Morguard North American Residential REIT Announces Normal Course Issuer Bid

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MISSISSAUGA, ON, Jan. 6, 2021 /CNW/ – Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN) (the “REIT”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that the… [Read More]

Tricon Residential Completes Redesign and Rebrand with Launch of New Website

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Jan. 6, 2021 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company focused on serving the middle-market demographic in North America, announced today that it has completed the rebranding of its single-family, multi-family and investment… [Read More]

Boardwalk REIT Provides an Operational Update and Timing of Release of its 2020 Fourth Quarter Financial Results

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CALGARY, AB, Jan. 5, 2021 /CNW/ – Boardwalk Real Estate Investment Trust – TSX: BEI.UN Boardwalk REIT (“Boardwalk”, “the Trust”, “We”), as part of the Trust’s commitment to providing regular updates through the COVID pandemic, provided a brief update highlighting stabilized portfolio occupancy, rental revenue collection rate and occupied rents available to date as we… [Read More]

Genworth MI Canada Inc. Receives Court Approval for Arrangement with Brookfield

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TORONTO, Jan. 5, 2021 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that the Ontario Superior Court of Justice (Commercial List) has approved the Company’s previously announced plan of arrangement (the “Transaction“) pursuant to which Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) together with certain… [Read More]

RioCan Real Estate Investment Trust Announces Disposition of Partial Interests and Formation of New Partnerships for Mixed-use Development Projects in Toronto and Montreal

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TORONTO, Jan. 05, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of three transactions including the introduction of two new partners and the unwinding of a former partnership as follows: A new 50/50 partnership with Fieldgate Urban (“Fieldgate”) for a mixed-use condominium development with… [Read More]

Killam Apartment REIT Announces Timing of 2020 Results and Webcast

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HALIFAX, NS, Jan. 4, 2021 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the year ended December 31, 2020, on Wednesday, February 10, 2021, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, February… [Read More]

Brookfield Property Partners Acknowledges Brookfield Asset Management’s Privatization Proposal and Establishes a Committee of Independent Directors

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Jan. 04, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY” or the “Company”) (NASDAQ: BPY; TSX: BPY.UN) and Brookfield Property REIT Inc. (“BPYU”) (NASDAQ: BPYU) today jointly acknowledge receipt of a non-binding proposal from Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM; TSX:… [Read More]

RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ in Toronto and 5th & THIRD™ in Calgary

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TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well™ in Toronto and 5th & THIRD™ in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCan’s interest… [Read More]

ViveRE Communities Completes Acquisition of 47 Unit Property in Saint John, NB

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HALIFAX, NS, Dec. 23, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) announced today that it has completed the previously announced acquisition of Village View No. 3 Limited Partnership, a limited partnership formed under the laws of the Province of New Brunswick (“VV3LP“), whose sole asset is a multi-family rental property located at 51… [Read More]

SmartCentres Declares Distribution for December 2020

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TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January 15, 2021 to… [Read More]

Nexus REIT Announces December 2020 Distribution

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TORONTO and MONTREAL, Dec. 22, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today the declaration of the December 2020 distribution. The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable January 15, 2021 to unitholders of… [Read More]

FPI Nexus annonce la distribution du mois de décembre 2020

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MONTRÉAL et TORONTO, 22 déc. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui la déclaration de la distribution de décembre 2020. Le FPI versera une distribution en espèces de 0,01333 $ par part, représentant 0,16 $ par part sur une base annualisée, payable le 15… [Read More]