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BSR REIT Exits Beaumont, Texas Market with the Sale of West End Lodge for $44.0 Million

December 10, 2020 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

LITTLE ROCK, Ark. and TORONTO, Dec. 10, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (HOM.UN) announced today it has sold West End Lodge located in Beaumont, Texas, built in 2010 and comprising 360 apartment units, for gross proceeds of $44.0 million (the “Transaction”). The REIT has now exited the… [Read More]

Colliers International Declares Semi-Annual Dividend on Common Shares

December 10, 2020 By Globenewswire Tagged With: TSX:CIGI

TORONTO, Dec. 10, 2020 (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]

Dye & Durham Announces Transformational Acquisition of DoProcess, the Number One Provider of Real Estate Software in Canada, for C$530 Million from Teranet

December 10, 2020 By NewsWire Tagged With: TSX:DND

Provides a strategic and compelling opportunity to acquire the #1 provider of real estate practice management software in Canada, which manages over 1.4 million transactions annually OMERS to invest C$30 million in Dye & Durham Acquisition supported by a new C$510 million debt financing facility with Scotiabank In addition, the Company is raising approximately C$225… [Read More]

RESAAS Announces Integration with Transactly, a Leading On-Demand Transaction Coordination Service

December 10, 2020 By NewsWire Tagged With: TSX VENTURE:RSS

VANCOUVER, BC, Dec. 10, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce an integration with Transactly, a leading real estate transaction platform. Transactly provides one of the largest teams of on-demand Transaction Coordinators in North America. In an agreement signed on… [Read More]

BTB Announces its Distribution for the Month of December 2020

December 10, 2020 By NewsWire Tagged With: TSX:BTB.UN

MONTRÉAL, Dec. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the monthly cash distribution for the month of December 2020 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid January 15th, 2021 to unitholders of record… [Read More]

SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units

December 10, 2020 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today the voting results from its Annual General and Special Meeting of the Holders of Units and Special Voting Units (the “Meeting”) held today. The total number of Units and Special Voting Units of SmartCentres (“Units” and… [Read More]

RioCan Real Estate Investment Trust Announces Redemption of Series R Unsecured Debentures

December 9, 2020 By Globenewswire Tagged With: TSX:REI.UN

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it is issuing a notice of redemption to holders of its $250 million, 3.716% Series R senior unsecured debentures due December… [Read More]

RioCan Real Estate Investment Trust Announces Green Bond Offering Issuance of $500 Million 5.5-year of Series AD Senior Unsecured Debentures at an Annual Coupon Rate of 1.974%

December 9, 2020 By Globenewswire Tagged With: TSX:REI.UN

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $500 million principal amount of Series AD senior unsecured debentures (the “Debentures”). This issuance is RioCan’s second Green Bond offering. The Debentures are being offered on an agency basis… [Read More]

Genesis Land Development Corp. Announces Declaration of $0.15 per share Special Dividend

December 9, 2020 By NewsWire Tagged With: TSX:GDC

CALGARY, AB, Dec. 9, 2020 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.15 per common share, or $6.28 million in aggregate, payable on January 11, 2021 to shareholders of record on December 23, 2020. Eligible Dividend DesignationPursuant to subsection 89(14) of… [Read More]

Minto Apartment REIT Files Final Base Shelf Prospectus for $800 million in Securities

December 9, 2020 By NewsWire Tagged With: TSX:MI.UN

OTTAWA, ON, Dec. 9, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced that it has filed and obtained a receipt for its final short form base shelf prospectus (the “Prospectus”).The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada. The… [Read More]

Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

December 9, 2020 By Globenewswire Tagged With: TSX:RA.UN

CALGARY, Alberta, Dec. 09, 2020 (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]

Century Fire Protection Broadens Geographic Footprint

December 9, 2020 By Globenewswire Tagged With: TSX:FSV

TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired Aegis Fire Protection, LLC (“Aegis”) and Cornet, Inc. (“Cornet”). The leaders of both businesses have retained minority equity interests and will continue to run day-to-day operations. Terms of the… [Read More]

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