WINNIPEG, MB, Nov. 30, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that it has reached an agreement with Sandpiper Group (“Sandpiper”) to withdraw its unitholder meeting request and pending litigation. Under the terms of the agreement, four existing trustees, Armin Martens, Edward Warkentin, Wayne Townsend and… [Read More]
Canadian recreational house prices soar 11.5% as remote work drives demand in cottage country
Canada’s recreational property market forecast to increase 8% in 2021 86% of recreational property regions are reporting lower inventory as demand outpaces supply 54% of recreational property regions are reporting a significant increase in buyers who are purchasing a new primary residence where they will work remotely TORONTO, Nov. 30, 2020 /CNW/ – According to… [Read More]
Minto Apartment REIT Files Preliminary Base Shelf Prospectus for $800 million in Securities
OTTAWA, ON, Nov. 27, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced that it has filed and obtained a receipt for a preliminary short form base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada. The preliminary short form base shelf prospectus is… [Read More]
Lanesborough REIT Reports 2020 Third Quarter Results
WINNIPEG, MB, Nov. 26, 2020 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSXV: LRT.UN) today reported its operating results for the quarter ended September 30, 2020. 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 â quarterly highlights and the… [Read More]
MEDIA ADVISORY – Empire Company Limited Advisory of Q2 Fiscal 2021 Results Conference Call
STELLARTON, NS, Nov. 26, 2020 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its second quarter fiscal 2021 results on December 10, 2020 at 6:30 a.m. (Eastern Standard Time). The release will be followed by a conference call beginning at 12:30 p.m. (Eastern Standard Time) with senior management. The dial-in numbers for the conference… [Read More]
Intact Announces $1.3 Million Commitment to Help Build More Resilient Communities
Intact Adaptation Action Grants awarded to projects that are helping people and communities adapt to floods, wildfire and extreme heat TORONTO, Nov. 24, 2020 /CNW/ – To help Canadians adapt to climate change and build more resilient communities, Intact Financial Corporation (TSX: IFC) is committing more than $1.3 million to five Canadian charitable partners. These partners… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Renewal of Mortgage and Termination of Management Agreement with Trez Capital Fund Management LP
TORONTO, Nov. 23, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) announced today the renewal of a mortgage with a principal amount of approximately $27.7 million (of which the Company’s portion is approximately $14.7 million), which is the more significant of the two remaining mortgages in its portfolio, for a period… [Read More]
Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures
MISSISSAUGA, ON, Nov. 23, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) announced that it has fully repaid the $200 million 4.013% Series B senior unsecured debentures on maturity. Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing $175 million 4.402% Series G senior unsecured debentures, as… [Read More]
RESAAS Launches Australian Online Ordering of COVID-19 Rapid Tests
VANCOUVER, BC, Nov. 23, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has launched online ordering of COVID-19 Rapid Tests in Australia. The Rapid Tests are authorized by the Therapeutic Goods Administration (TGA), the regulatory body under Australia’s Department of… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, Nov. 20, 2020 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced that it acquired 1,577,000 trust units (the “Units“) of Morguard Real Estate Investment Trust (the “REIT“) (TSX: MRT.UN), through its participation in the REIT’s distribution reinvestment plan (the “DRIP“), as follows: Between July 15, 2020 and November 16, 2020, Morguard acquired 1,577,000… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Files Preliminary Base Shelf Prospectus
TORONTO, Nov. 20, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT“) (TSX: NWH.UN) announced today that it has filed a preliminary base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada (the “Prospectus“). The Prospectus has not yet become final for the purpose of… [Read More]
Middlefield Virtually Opens The Market
TORONTO, Nov. 20, 2020 /CNW/ – Dean Orrico, President and CIO of Middlefield Group and Jeremy Brasseur, Managing Director, Middlefield Group and the Middlefield team joined Graham Mackenzie, Head, Exchange Traded Products, TMX Group to celebrate the launch of Real Estate & E-Commerce Split Corp. (TSX: RS) (TSX: RS.PR.A) and open the market. The Real Estate… [Read More]
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