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Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting

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TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) is pleased to announce that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes “For” Votes “No”… [Read More]

Temple Hotels Inc. Reports 2019 Second Quarter Financial Results

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MISSISSAUGA, ON, Aug. 6, 2019 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended June 30, 2019 (“second quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis… [Read More]

Allied Announces Launch of Offering of Series D Senior Unsecured Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has launched an offering of a minimum of $225 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”)…. [Read More]

Artis REIT Announces Retention of Advisors by Special Committee

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WINNIPEG, Aug. 6, 2019  /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) is pleased to announce that its Board’s Special Committee has retained Citigroup Global Markets Inc. and Scotiabank to provide financial advisory services to the Committee in connection with Artis’ previously announced strategic alternatives review.  Goodmans LLP is legal… [Read More]

RioCan Announces Second Quarter Results for 2019

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TORONTO, Aug. 02, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) today announced its financial results for the three and six months ended June 30, 2019 (“Second Quarter”). “RioCan continued to deliver strong unitholder value in the second quarter of 2019 as a result of the successful execution of our major… [Read More]

Brookfield Property Partners Reports Second Quarter 2019 Results

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2019 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended June 30, 2019.  “In the second quarter, we achieved earnings growth of 6% and were active in monetizing… [Read More]

ViveRE Communities Provides Business Update

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HALIFAX, Aug. 1, 2019 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) provides the following business update. ViveRE’s plan to acquire recently built or refurbished, highly leased multi-residential properties in bedroom communities across Canada continues to advance. The Company aims to satisfy the needs of the newly emerging 55+ resident. The demographic that… [Read More]

Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2019. Revenue was down 4% to $41.09 million compared to Q2-2018. Year to date revenue was $75.97 million, down 13% compared… [Read More]

Invesque Inc. Closes on Previously Announced Acquisition of Commonwealth Senior Living and 17 of its Communities

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TORONTO, Aug. 1, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U) (“Invesque” or the “Company”) announced the closing of the previously announced acquisition of Commonwealth Senior Living, LLC (“Commonwealth“) and 17 private pay senior living communities comprising 1,205 units with 1,469 beds (together the “Initial Tranche“). The aggregate purchase price for the Initial Tranche was approximately US$285.4 million…. [Read More]

CAPREIT Acquires 942 Suites In The Netherlands

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a portfolio of 18 modern, high-quality residential rental properties totaling 942 residential suites well located in seven urban growth markets in the Netherlands. Approximately 91% of the properties have been constructed since 1970…. [Read More]