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Flagship Communities Real Estate Investment Trust Announces December 2020 Cash Distribution

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 15, 2020 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT“) (TSX: MHC.U) announced today a cash distribution of US$0.0425 per REIT unit for the month of December 2020, representing US$0.51 per REIT unit on an annual basis. Payment… [Read More]

StorageVault Announces Appointment of New Director and Corporate Secretary, Completion of 50,000 Square Feet of Expansion, Management of Two New Stores, Issues Options and Quarterly Dividend for Q4 2020

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TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) is pleased to announce that Benjamin Harris has been appointed a director of StorageVault. Longtime director, Blair Tamblyn has stepped-down from the StorageVault Board of Directors as he resumes his seat as Chair and CEO of Timbercreek Financial (TF) and… [Read More]

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

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced offering of $500 million principal amount of Series AD senior unsecured debentures (the “Debentures”). The… [Read More]

Artis Real Estate Investment Trust Appoints Samir Manji as Interim CEO and Ben Rodney as Lead Trustee

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WINNIPEG, MB, Dec. 14, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announces that the Board of Trustees (the “Board“) has appointed Mr. Samir Manji as Interim Chief Executive Officer, and Mr. Ben Rodney as Lead Trustee of the Board, effective January 1, 2021. Lis Wigmore, Chair of the… [Read More]

RioCan Real Estate Investment Trust Earns Top GRESB Rating and Delivers Key ESG Achievements

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TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) is pleased to announce that it has achieved a 5-Star rating in the 2020 GRESB Real Estate Assessment with a score of 85. The 2020 score represents a 97% improvement since RioCan’s first submission in 2017. RioCan… [Read More]

Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases

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Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience 9.0% rise as housing demand in Vancouver surges Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0%, respectively Calgary, Edmonton prices buck regional… [Read More]

SmartCentres Real Estate Investment Trust Announces Redemption of 3.73% Series M and 2.876% Series Q Senior Unsecured Debentures

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it is issuing notices of redemption to holders of its 3.73% Series M senior unsecured debentures due July 22, 2022 (the “Series… [Read More]

Wall Financial Corporation Reports Q3 Fiscal 2021 Results

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VANCOUVER, BC, Dec. 11, 2020 /CNW/ – Wall Financial Corporation (the “Company”) released its operating results and financial statements for the nine months ended October 31, 2020.  The Company recorded a net loss attributable to shareholders of the Company for the nine months ended October 31, 2020 of $5,498,449 or $0.16 per share compared with net… [Read More]

CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured Debentures due June 1, 2021

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 10, 2020 /CNW/ – CT Real Estate Investment Trust (CT REIT), (TSX: CRT.UN) announced today that it has agreed to issue, on a private placement basis in each of the provinces of Canada (the “Debenture Offering“), $150 million aggregate principal… [Read More]

The Becker Milk Company Limited: Six Month Financial Results

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TORONTO, Dec. 10, 2020 (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, 2020. HIGHLIGHTS Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019; Net operating income for… [Read More]

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

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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]