REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


Allied Announces $300 Million Equity Offering to Fund Its Ongoing Acquisition and Value-Add Programs on a Leverage-Neutral Basis

By Tagged With:

TORONTO, Nov. 25, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, RBC Capital Markets and Goldman Sachs Canada Inc., as joint bookrunners, to issue to the public, on a bought-deal basis, 5,700,000 units from treasury at… [Read More]

Lanesborough REIT Reports 2019 Third Quarter Results

By Tagged With: ,

WINNIPEG, Nov. 22, 2019 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSXV: LRT.UN) today reported its operating results for the quarter ended September 30, 2019. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with interim management’s discussion & analysis – quarterly highlights and the… [Read More]

Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend

By Tagged With: ,

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (TSX:DRM and DRM.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.025 per Class A Subordinate Voting Share and Class B Common Share payable on December 31, 2019 to shareholders of record on December 13, 2019…. [Read More]

CP extending its reach with new Montreal multi-commodity transportation and distribution terminal; TYT Group to operate it

By Tagged With:

CALGARY, Nov. 22, 2019 /CNW/ – Canadian Pacific (TSX: CP) (NYSE: CP) is leveraging its unique real estate holdings in establishing a new multi-commodity transload terminal that offers transportation and distribution services from CP’s existing and strategically located Côte Saint-Luc yard in Montreal. In close collaboration with TYT Group, a proven Quebec-based freight transportation service… [Read More]

StorageVault Announces Normal Course Issuer Bid

By Tagged With:

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting November 25, 2019, up to 18,137,752 of the… [Read More]

CAPREIT Completes Greater Montreal Area Apartment Acquisition & First Operating Lease Buyout

By Tagged With:

TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a brand new, seven-storey apartment building in the Greater Montreal Area in the suburb of Boisbriand. Occupancy for the property currently stands at 96.3%. CAPREIT paid approximately $33.3 million for… [Read More]

Firm Capital Property Trust Announces Closing of Final Tranche of $6 Million Private Placement

By Tagged With:

TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV : FCD.UN) is pleased to announce that it is has closed the final tranche of its previously announced Non-Brokered Private Placement (the “Private Placement”). On September 25, 2019, the Trust announced that it was proceeding with a Private Placement… [Read More]

True North Commercial Real Estate Investment Trust Continues GTA Expansion with Acquisition of Class “AAA”, BOMA Best Gold Certified Office Complex

By Tagged With:

368,800 square feet, 98% occupied, lease term of 4.8 years  /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 21, 2019 /CNW/ – True North Commercial Real Estate Investment Trust  (TSX: TNT.UN) (the “REIT“) is pleased to announce it has agreed to acquire a 368,800 square foot Class “AAA” office complex located… [Read More]

Firm Capital American Realty Partners Corp. Announces Mailing and Filing of Meeting Materials for Special Meeting of Shareholders for Approval of Conversion

By Tagged With: ,

(All amounts are in US Dollars unless otherwise stated.) TORONTO, Nov. 21, 2019 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U), (TSXV: FCA) today announced that it has mailed and filed under the Company’s profile on www.sedar.com, the meeting materials for the Company’s special meeting of shareholders to be held on… [Read More]

Timbercreek Financial Declares November 2019 Dividend

By Tagged With:

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on December 13, 2019 to holders of Common Shares of record on… [Read More]

Dream Hard Asset Alternatives Trust Announces November 2019 Monthly Distribution

By Tagged With:

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”) today announced its November 2019 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The November distribution will be payable on December 13, 2019 to unitholders of record as at November 29, 2019.  Dream Alternatives… [Read More]