Continued steady growth of FFO and poised for substantial FFO growth in 2020 Mixed Use Intensification Program Continues with Additional High Rise Residential, Retirement Homes and Self-Storage Projects Industry Leading Committed occupancy rate improves to 98.2% Credit rating upgraded to BBB(H) Construction of Transit City Condo Towers continues TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) —… [Read More]
Firm Capital American Realty Partners Trust Announces Resignation and Proposed Appointment of Trustee
TORONTO, Feb. 12, 2020 /CNW/ – Firm Capital American Realty Partners Trust (the “Trust“), (TSXV: FCA.UN), (TSXV: FCA.U) today announced the resignation of Mr. Scott Reid as a Trustee of the Trust, effective immediately, and the proposed appointment of Ms. Valentina Kalyk as a Trustee of the Trust subject to regulatory and board approval. Scott has… [Read More]
Colliers International Reports Solid Fourth Quarter and Full Year Results
Professional real estate service revenues surpass $3.0 billion Operating highlights: Three months ended Twelve months ended December 31 December 31 (in millions of US$, except EPS) 2019 2018 2019 2018 Revenues $ 928.3 $ 889.9… [Read More]
First Capital REIT Announces Fourth Quarter and 2019 Annual Results
TORONTO, Feb. 11, 2020 /CNW/ – First Capital Real Estate Investment Trust ( “First Capital” or the “Trust”) (TSX: FCR.UN), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated neighbourhoods, announced today financial results for the fourth quarter and year ended December 31, 2019. SELECTED FINANCIAL… [Read More]
Morguard North American Residential REIT Announces 2019 Results
MISSISSAUGA, ON, Feb. 11, 2020 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the year ended December 31, 2019. Highlights The REIT is reporting performance of: Net operating income (“NOI”) of $132.9 million for the year ended December 31, 2019, an increase of $1.2 million, or… [Read More]
SmartCentres Announces Three Additional SmartStop Self-Storage Locations
TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), one of Canadaâs largest real estate investment trusts, announced today that it has executed agreements for three additional self storage locations in its joint venture arrangement with SmartStop Self Storage REIT, Inc. and its affiliates (âSmartStopâ). The three new locations are… [Read More]
BTB announces its distribution for the month of February 2020
MONTRÃAL, Feb. 11, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announced today that the monthly cash distribution for the month of February 2020 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on March 16th, 2020 to unitholders of record on February 29th, 2020…. [Read More]
Automotive Properties REIT 2019 Fourth Quarter Financial Results Release Date, Conference Call and Webcast
TORONTO, Feb. 11, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2019 fourth quarter and year-end financial results after market close on Monday, March 23, 2020. Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on… [Read More]
NewNorth Projects Ltd. Announces Closing of Arrangement
CALGARY, Feb. 11, 2020 /CNW/ – NewNorth Projects Ltd. (“NewNorth” or the “Company“) (TSXV: NNP) is pleased to announce the closing of the plan of arrangement involving NewNorth, Bordeaux Properties Inc. (“Bordeaux“), Bordeaux Developments Corporation (the “Purchaser“) and the holders of common shares of NewNorth (the “NewNorth Shares“), as previously announced by NewNorth on December… [Read More]
Crombie REIT Announces Closing of $100 Million Equity Financing
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ NEW GLASGOW, NS, Feb. 11, 2020 /CNW/ – Crombie Real Estate Investment Trust (“Crombie” or the “REIT”) (TSX: CRR.UN) announced today that it has closed its previously announced offering, on a bought deal basis, of $58.5 million of trust units (the “Units”)… [Read More]
Good Advice Never Gets Old – Seniors Say They Know the Secrets to True Love
Chartwell Retirement Residents Speak from the Heart This Valentine’s Day Contact us to visit a Chartwell Retirement Residence to meet our senior experts on romance! MISSISSAUGA, ON, Feb. 11, 2020 /CNW/ – When you want the best advice, you look to those with the most practice. When it comes to love, ask the people with… [Read More]
Mainstreet Equity Corp. Releases Q1 2020 Results
CALGARY, Feb. 11, 2020 /CNW/ – Mainstreet’s Q1 2020 results mark the 7th consecutive quarter of year-over-year double-digit growth in all of its key metrics, extending a steady improvement in its operational performance that has continued to deliver non-dilutive value to shareholders. Continued growth in rental revenue, net operating income (“NOI”), and funds from operations… [Read More]
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