TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), the Penguin Group of Companies (âPenguinâ) owned by Mitchell Goldhar, and Revera Inc., a leading Canadian senior living sector company, announced today that the three companies have executed four more conditional site specific joint venture agreements to develop and own retirement… [Read More]
Terra Firma Capital Corporation Appoints Y. Dov Meyer as New Executive Chairman of the Board of Directors
TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a real estate finance company, is pleased to announce the appointment of Mr. Y. Dov Meyer as the new Executive Chairman of the Board of Directors. Mr. Meyer, currently Executive Vice Chairman and the former Chief Executive… [Read More]
Allied Announces Fourth-Quarter and Year-End Results
Strong Organic Growth, Extensive and Focused Capital Allocationand Achievement of Targeted Debt-Metrics Highlight 2019 TORONTO, Feb. 05, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2019. âWe pursued our strategy in 2019 with excellent short-term and long-term results,â said… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2020
TORONTO, Feb. 5, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the first quarter of 2020. This dividend will be paid on March 5th, 2020 to shareholders of record at the close… [Read More]
Automotive Properties REIT Completes Acquisition of Regina BMW Dealership Property
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ — The REIT also announces completion of facility improvements to its Dixie Auto Mall and Meadowvale Honda dealership properties — TORONTO, Feb. 5, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) announced today… [Read More]
Genworth MI Canada Inc. Reports Fourth Quarter and Full Year 2019 Results Including Fourth Quarter Net Operating Income of $112 Million
Fourth Quarter Full Year 2019 Net Income: $108 million Down 3% Q/Q Up 35% Y/Y $426 million Down 6% Y/Y Net Operating Income: $112 million Down 2% Q/Q Down 4% Y/Y $466 million Down 2% Y/Y Fully Diluted Operating EPS: $1.30 Down 3% Q/Q Down 2% Y/Y $5.38 Up 2% Y/Y Transactional Premiums Written: $177… [Read More]
Morguard Real Estate Investment Trust Announces Normal Course Issuer Bid
MISSISSAUGA, ON, Feb. 5, 2020 /CNW/ – Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Trust”) 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 Trust may, during the… [Read More]
FirstService Reports Strong Fourth Quarter Results
Strong Organic Growth and Acquisition Activity Drive Revenue and Profitability Operating highlights: Three months ended Year ended December 31 December 31 2019 2018 2019 2018 Revenues (millions) $ 675.6 … [Read More]
Brookfield Property Partners Reports Fourth Quarter & Full-Year 2019 Results
Net Income of $1.5 Billion for the Quarter and $3.2 Billion for the Year;Company FFO and Realized Gains of $459 Million for the Quarter and $1.5 Billion for the Year All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Feb. 05, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ:… [Read More]
Genworth MI Canada Inc. Announces Appointment of Martin Laguerre as a Director
TORONTO, Feb. 4, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) is pleased to announce today that Martin Laguerre has been appointed to the Board of Directors of the Company and its main operating subsidiary. Mr. Laguerre serves as the Managing Director & Group Head Structured Finance… [Read More]
Colliers International Names New Asia Pacific Head
TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) announced today that John Kenny has been appointed Chief Executive Officer (CEO) | Asia Pacific, effective immediately. This new role unifies Asia, Australia and New Zealand, while creating synergies and promoting greater… [Read More]
FirstService Declares 10% Increase to Quarterly Cash Dividend
TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.15 per Common Share and declared a quarterly dividend of US$0.165 per Common… [Read More]
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