TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:âAP.UNâ) announced today that its Trustees have (i) declared a distribution of $0.1375 per unit for the month of December, 2020, payable on January 15, 2021, to unitholders of record on December 31, 2020, and (ii) approved an increase in monthly cash distributions for 2021… [Read More]
BSR REIT Announces the Sale of Five Noncore Properties for $86 Million
LITTLE ROCK, Ark. and TORONTO, Dec. 2, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U) (TSX: HOM.UN) announced today that it has sold five noncore properties, comprising 890 apartment units, as part of the REIT’s portfolio enhancement growth strategy and capital recycling program. The REIT received total gross proceeds of $86… [Read More]
Sandpiper Increases Investment in Artis REIT to 10%
VANCOUVER, BC, Dec. 2, 2020 /CNW/ – Sandpiper Group (“Sandpiper”) announced today that on December 2, 2020, it acquired, through Sandpiper Real Estate Fund 4 Limited Partnership (the “Fund“), an aggregate of 100,000 units (“Units”) of Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) in the open market through the facilities of the… [Read More]
Killam Apartment REIT’s Commitment to ESG Translates into a Green Star Rating from GRESB
HALIFAX, NS, Dec. 2, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce that it earned a green, two-star designation for its 2020 GRESB submission, and a 32% improvement from its initial submission in 2019. Killam Apartment REIT also earned a GRESB Public Disclosure survey rating of “B”, outperforming its GRESB determined comparison… [Read More]
FirstService Declares Quarterly Cash Dividend on Common Shares
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close… [Read More]
H&R Completes $250MM Senior Unsecured Debenture Financing
TORONTO, Dec. 2, 2020 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or “H&R”) (TSX: HR.UN) announced today that it completed its previously announced offering of $250 million principal amount of 2.906% Series R senior unsecured debentures due June 2, 2026 (the “Series R Debentures”). H&R REIT had previously agreed with a syndicate of agents… [Read More]
Terra Firma Capital Declares Quarterly Dividend
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on January 15, 2021,… [Read More]
RESAAS Announces First Profitable Month in Company History
VANCOUVER, BC, Dec. 2, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce that November 2020 was the Company’s first profitable month. “This is a significant milestone for RESAAS, and a turning point for the Company. Throughout 2020, the Company signed several… [Read More]
Minto Apartment REIT Enters Greater Vancouver Market
OTTAWA, ON, Dec. 1, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (“the REIT”) (TSX: MI.UN) today announced an agreement to provide $11.9 million in financing (the “Financing”) to a 50-50 joint venture between Minto Properties Inc. (“MPI”) and a subsidiary of Darwin Properties Ltd. to develop Phase I of Lonsdale Square (the “Building”), a… [Read More]
Firm Capital Property Trust Announces Grant of Options
TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) announces the grant of options to acquire trust units in the capital of the Trust (each a âUnitâ) to the trustees and officers of the Trust on December 1, 2020. Each of the options will expire five… [Read More]
Colliers Promotes Rebecca Finley to Chief Brand and People Officer
TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced the promotion of Rebecca (Becky) Finley to the newly created role of Chief Brand and People Officer, effective immediately. Finley will focus on strengthening Colliersâ brand and people services worldwide, building… [Read More]
Artis Real Estate Investment Trust Announces Reconstitution of Board Committees and Reduction of Board Fees
WINNIPEG, MB, Dec. 1, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that the Board of Trustees of Artis (the “Board“) has unanimously approved the appointment of Samir Manji as Chairman of the Board, a reduction in Board fees, and changes to the Board committees, all effective… [Read More]
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