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NorthWest Healthcare Properties Real Estate Investment Trust Announces $225 Million Equity Financing

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TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.UN) announced today a public offering, on a “bought deal” basis, of 16,400,000 trust units (the “Units”) at a price of $12.20 per Unit (the “Offering Price”) representing gross proceeds of approximately $200.1 million (the “Public… [Read More]

Partners REIT Obtains Final Court Order Approving Plan of Arrangement

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TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that it has obtained a final order of the Ontario Superior Court of Justice approving the previously announced statutory plan of arrangement (the “Arrangement”) pursuant to which McCowan and Associates Ltd. (“MAA”) will acquire all… [Read More]

ERES REIT Announces Increase to Previously Announced Bought Deal Equity Offering to C$125 Million

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 10, 2019 /CNW/ – (TSX-V:ERE.UN) – European Residential Real Estate Investment Trust (“ERES”) announced today that due to strong demand, the size of its previously announced bought deal equity offering in connection with which it entered into an agreement to… [Read More]

Solid growth will prevail for Canada’s commercial real estate market in 2020: Morguard

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Commercial Real Estate Investment and Market Performance Trends to Watch in 2020 MISSISSAUGA, ON, Dec. 10, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) today released its 2020 Canadian Economic Outlook and Market Fundamentals Report, providing a detailed 2019 market update and an overview of the 2020 investment trends to watch. The report, Morguard’s 22nd… [Read More]

Dream Unlimited Corp. Announces Intention to Commence Substantial Issuer Bid

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TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (DRM-TSX) (“Dream”, the “Company” or “we”) today announced its intention to commence a substantial issuer bid (the “Offer”) pursuant to which the Company will offer to purchase up to 10,000,000 of its outstanding Class A subordinate voting shares (“Shares”) at a purchase price of $11.75… [Read More]

Bridgemarq Real Estate Services Declares Monthly Dividend

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TORONTO, Dec. 10, 2019 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq”) (TSX: BRE) today announced a cash dividend of $0.1125 per restricted voting share payable on January 31, 2020, to shareholders of record on December 31, 2019. About Bridgemarq Real Estate Services Bridgemarq is a leading provider of services to residential real estate brokers… [Read More]

Allied sur le point d’acquérir un complexe immobilier important de classe I à Montréal

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TORONTO, 09 déc. 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (« Fonds de placements immobiliers Allied Properties », ci-après « Allied ») a annoncé aujourd’hui avoir conclu une convention d’achat (la « Convention ») en vue d’acquérir un complexe immobilier important de Classe I situé à Montréal au 747 rue Square-Victoria (« 747 Square-Victoria »)… [Read More]

Allied to Acquire Major Class I Complex in Montréal

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TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement to acquire a large and important Class I complex in Montréal, 747 Square-Victoria Street (“747 Square-Victoria”), for $276 million. The agreement is subject to regulatory approval but not subject to due-diligence, which… [Read More]

Genworth MI Canada Inc. Acknowledges Announcement by Genworth Financial, and Brookfield Business Partners L.P. of Regulatory Approval for Sale of Genworth Financial Stake

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TORONTO, Dec. 9, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) acknowledges the announcements today by Genworth Financial, Inc. (“Genworth Financial“) and Brookfield Business Partners L.P. (“Brookfield Business Partners“) that Brookfield Business Partners together with its institutional partners has received approval under the Insurance Companies Act (Canada) to purchase Genworth Financial’s majority interest in the Company… [Read More]

Tricon Expands Nashville Footprint with $210 million Acquisition of 708 Single-Family Rental Home Portfolio

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ All financial information is presented in U.S. dollars unless otherwise indicated. TORONTO, Dec. 9, 2019 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX: TCN) announced today that its single-family rental joint venture, TAH-JV1 (the “JV”), has acquired a portfolio… [Read More]

Firm Capital Property Trust announces $20 million bought deal financing of trust units

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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 9, 2019 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSX-V: FCD.UN) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity, CIBC… [Read More]

ERES REIT announces offering of approximately C$105MM of trust units and €105MM Netherlands property acquisition

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 9, 2019 /CNW/ – European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) announced today that it has agreed to sell, subject to regulatory approval, 22,582,000 trust units at a price of $4.65 per unit for gross proceeds of approximately C$105… [Read More]