VANCOUVER, Dec. 13, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of December 1, 2019 to December 31, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]
Summit Industrial Income REIT Announces Timing of Fourth Quarter and Year-End 2019 Results & Conference Call
TORONTO, Dec. 13, 2019 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today that it will be issuing its results for the three months and year ended December 31, 2019 on the afternoon of Wednesday, February 19, 2020. A conference call hosted by Summit II’s management team will be held… [Read More]
Artis Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
WINNIPEG, Dec. 13, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its normal course issuer bid (the “Bid”) for a further year. Under the terms of the Bid, Artis may purchase up to 10%… [Read More]
FirstService Corporation Completes US$200 Million Bought Deal Public Offering of Common Shares
TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (âFirstServiceâ) is pleased to report that it has closed its previously announced bought deal public offering of a total of 2,165,000 common shares (the âCommon Sharesâ), at a price of US$92.50 per share, for gross proceeds of US$200,262,500 with a syndicate of… [Read More]
CT Real Estate Investment Trust Declares Distribution for the Period of December 1, 2019 to December 31, 2019
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 13, 2019 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of December 1, 2019 to December 31, 2019 of $0.06562 per trust unit,… [Read More]
RioCan Real Estate Investment Trust Announces December 2019 Distribution
TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of December. The distribution will be payable on January 8, 2020 to unitholders of record as at December 31, 2019. About RioCanRioCan is one of Canadaâs largest real… [Read More]
Firm Capital American Realty Partners Corp. Announces Overwhelming Shareholder Approval for Trust Conversion
TORONTO, Dec. 12, 2019 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U), (TSXV: FCA) is pleased to announce that the previously announced conversion of the Company into an investment trust (the “Trust“) received overwhelming approval of over 99% of the votes cast at the special meeting of shareholders held earlier today (the… [Read More]
CAPREIT Expands Presence in Calgary Market
TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has completed the acquisition of The Carrington, a 79-suite apartment property located in the Beltline district of downtown Calgary, Alberta. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $19.5 million for the… [Read More]
Summit Industrial Income REIT Expands Presence in Target GTA Market
TORONTO, Dec. 12, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 184,561 square foot single tenant light industrial property located in Markham, Ontario. The property is situated on a 11.7-acre site with low 36% site coverage, providing the… [Read More]
Chartwell Further Strengthens its Portfolio and Liquidity
MISSISSAUGA, ON, Dec. 12, 2019 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today that it completed the acquisition of a 256-suite retirement residence in Edmonton, Alberta; entered into a borrowing agreement with a Canadian chartered bank for a $125 million unsecured term loan; and completed the sale of its interest in a medical… [Read More]
True North Commercial Real Estate Investment Trust Closes Acquisition of GTA Class “A”, LEED® Gold Certified Office Property
252,500 square feet, 100% occupied, lease term of 7.2 years /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 12, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is pleased to announce it has closed the previously announced acquisition of a Class “A” office property located at… [Read More]
Partners REIT Announces Completion of Plan of Arrangement
TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREITâ or âPartnersâ) (TSX: PAR.UN) and McCowan and Associates Ltd. (âMAAâ) today jointly announced the completion of the previously announced statutory plan of arrangement (the âArrangementâ) pursuant to which, MAA acquired all of the outstanding units of the REIT (each, a âUnitâ),… [Read More]
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