NEW GLASGOW, NS, Dec. 12, 2019 /CNW/ – Special Distribution Crombie REIT announced today that its Board of Trustees has declared a special distribution of $0.56 per unit. The distribution will be payable in units ($0.46 per unit) and cash ($0.10 per unit) to all Unitholders of record as at December 31, 2019. The distribution… [Read More]
Underlying Strength at Empire Drives Solid Second Quarter Fiscal 2020 Earnings
Second Quarter Summary Same-store sales excluding fuel increased by 2.0% Earnings per share of $0.57 compared to $0.38 last year Adjusted earnings per share of $0.58 compared to $0.40 last year Crombie REIT’s disposal of a 15 property portfolio positively impacted Empire’s adjusted EPS by $0.06 11 FreshCo locations will be opened in British Columbia… [Read More]
Dream Unlimited Corp. Acquires Units of Dream Office Real Estate Investment Trust
TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (âDreamâ) announced today that that it has acquired 200,000 REIT Units, Series A (âUnitsâ) of Dream Office REIT (TSX: D.UN) (âDream Office REITâ), representing approximately 0.3% of the issued and outstanding Units on the Toronto Stock Exchange (the âTSXâ) for aggregate… [Read More]
The Becker Milk Company Limited: Six Month Financial Results and Special Dividend
TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the âCompanyâ) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2019. HIGHLIGHTS Total revenues for the six months ended October 31, 2019 were $1,618,664 compared to $1,522,067 for the same period in 2018; Net operating income for… [Read More]
Invesque Announces December 2019 Dividend
/NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) announced today a cash dividend in the amount of US$0.06139 per common share for the period from December 1, 2019 to December 31, 2019. The dividend will be payable… [Read More]
Colliers International Declares Semi-Annual Dividend on Common Shares
TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers“) announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares“) of Colliers of US$0.05 per Common Share. This dividend is in accordance… [Read More]
Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 2019 Results
TORONTO, Dec. 11, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the fourth quarter and year-ended December 31, 2019 after the close of markets on Wednesday, March 4, 2020. Granite will hold a conference call on Thursday, March 5, 2020 at 9:00 a.m…. [Read More]
Northwest Healthcare Properties Real Estate Investment Trust Announces Increase to Previously Announced Equity Financing from $225 Million to $250 Million
TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (âNorthWestâ or the âREITâ) (TSX: NWH.UN) announced today that, due to strong demand, it has increased the size of the previously announced public offering to 18,450,000 trust units (âUnitsâ) at a price of $12.20 per Unit (the âOffering Priceâ) for gross… [Read More]
Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid
CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (the âFundâ) (TSX: RA.UN) announced that it has filed a notice with the Toronto Stock Exchange (the âTSXâ) and received its approval to make a normal course issuer bid (âNCIBâ). Purchases pursuant to the NCIB will be made in the open market… [Read More]
American Hotel Income Properties REIT LP Completes $5.6 Million of Renovations at the Embassy Suites Cleveland and the Towneplace Suites Chattanooga
(All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Dec. 11, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has recently completed approximately $4.5 million of renovations at the Embassy Suites by Hilton Cleveland Rockside (Independence, OH) and… [Read More]
CAPREIT Significantly Expands Presence in Halifax, Nova Scotia
TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has waived conditions and agreed to acquire, subject to regulatory approvals, a portfolio of eight properties containing fourteen apartment buildings totaling 1,503 rental suites, well-located throughout the downtown core and surrounding metro area of Halifax,… [Read More]
First Capital Realty Receives Shareholder Approval for REIT Conversion
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 10, 2019 /CNW/ – First Capital Realty Inc. (“FCR” or the “Company”) (TSX: FCR), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated centres, announced today that the previously announced conversion… [Read More]
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