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Genesis Announces Closing of the Vendor Take-Back Mortgage Purchase from Limited Partnership Land Pool (2007)

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CALGARY, Oct. 17, 2019 /CNW/ – Genesis Land Development Corp. (“Genesis“) is pleased to announce the completion of purchase of the $20.5 million vendor take-back mortgage (“VTB“) from Limited Partnership Land Pool (2007) (“LPLP” or the “Partnership“) for $22.02 million. The VTB bears interest at a rate of 6.5% per annum, payable in arrears in December… [Read More]

Granite REIT Declares Distribution for October 2019

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TORONTO, Oct. 17, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite“) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD$0.233 per stapled unit for the month of October 2019 representing $2.80 per stapled unit on an annualized basis. The distribution will be paid by Granite… [Read More]

RioCan REIT Announces $200 Million Public Offering of Trust Units

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–  NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES – TORONTO, Oct. 17, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today that it has reached an agreement with a syndicate of underwriters co-led by TD Securities Inc., BMO Capital Markets, CIBC Capital Markets and RBC… [Read More]

SmartCentres Declares Distribution for October 2019

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TORONTO, Oct. 17, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of October 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on November 15, 2019 to… [Read More]

Killam Apartment REIT Announces October 2019 Distribution

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HALIFAX, Oct. 17, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its October 2019 monthly distribution. The distribution of $0.055 per unit will be paid on November 15, 2019, to unitholders of record on October 31, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

Summit Industrial Income REIT Announces Completion of $230 Million Equity Offering

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 17, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has completed its previously announced public offering (the “Offering“) of 17,836,500 subscription receipts (the “Subscription Receipts“) at a price of… [Read More]

Global Real Estate & E-Commerce Dividend Fund Distributions

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CALGARY, Alberta, Oct. 17, 2019 (GLOBE NEWSWIRE) — Global Real Estate & E-Commerce Dividend Fund (TSX: GEC.UN) (the “Fund”) is pleased to announce that distributions for the fourth quarter of 2019 will be payable to unitholders of Global Real Estate & E-Commerce Dividend Fund as follows: Record Date Payable Date Distribution Per Trust Unit October… [Read More]

Dream Asset Management Corporation Increases Interest In Dream Hard Asset Alternatives Trust

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TORONTO, Oct. 16, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX:DRM) (TSX:DRM.PR.A) (“Dream”) has announced that Dream Asset Management Corporation (“DAM”) acquired 317,245 units (“Units”) of Dream Hard Asset Alternatives Trust (TSX:DRA.UN) (“DAT”) in lieu of asset management fees, representing approximately 0.5% of the issued and outstanding Units. Prior to the acquisition, DAM and its… [Read More]

Invesque Announces Details of Third Quarter 2019 Earnings Conference Call

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TORONTO, Oct.16, 2019 /CNW/ – Invesque Inc. (the “Company”) (TSX: IVQ.U and IVQ) will release its fiscal 2019 third quarter results on Wednesday, November 13, 2019 after markets close. Management of the Company will hold a conference call at 10:00 a.m. ET on Thursday, November 14, 2019 to review the financial results. CONFERENCE CALL DETAILS:… [Read More]

ERES REIT Declares October 2019 Monthly Distribution

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TORONTO, Oct. 16, 2019 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the October 2019 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “October Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will be… [Read More]

Colliers International Completes Acquisition of Synergy Property Development Services

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TORONTO and BANGALORE, India, Oct. 16, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International  (NASDAQ and TSX: CIGI), has completed its previously announced acquisition of Synergy Property Development Services (“Synergy”). The company will merge with Colliers’ existing operations in India to create a top tier player with… [Read More]