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H&R REIT Announces Unitholder Approval of Primaris Spin-Off; Appointment of Rags Davloor as Chief Financial Officer of Primaris REIT; TSX Acceptance of Normal Course Issuer Bid

December 13, 2021 By NewsWire Tagged With: TSX:HR.UN

Expected Closing Date of Spin-Off on or about December 31, 2021 TORONTO, Dec. 13, 2021 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) today announced that the previously announced spin-off of its Primaris properties including all of its enclosed malls to a new stand-alone, publicly traded real estate investment trust… [Read More]

SANDPIPER GROUP CONTINUES TO INCREASE POSITION IN EXTENDICARE INC. TO OVER 12%

December 13, 2021 By NewsWire Tagged With: TSX:EXE

VANCOUVER, BC, Dec. 13, 2021 /CNW/ – Sandpiper Group (“Sandpiper“) has increased its position through Sandpiper Real Estate Fund 4 Limited Partnership (the “Acquiror“), together with its joint actors, in Extendicare Inc. (“Extendicare“) (TSX: EXE) to over 12%. As a result of the purchases of shares of Extendicare (“Shares“), the Acquiror, together with its joint actors,… [Read More]

MORGUARD REIT ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION

December 13, 2021 By NewsWire Tagged With: TSX:MRT.UN

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ MISSISSAUGA, ON, Dec. 13, 2021 /CNW/ – Morguard Real Estate Investment Trust (“Morguard REIT” or the “REIT”) (TSX: MRT.UN), announced today that it has successfully closed the issuance of an additional $9 million aggregate principal amount of its 5.25% convertible unsecured subordinated debentures… [Read More]

MCAN MORTGAGE CORPORATION ANNOUNCES CLOSING OF RIGHTS OFFERING

December 13, 2021 By NewsWire Tagged With: TSX:MKP

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Dec. 13, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced the successful completion of its previously announced rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) which expired at 5:00 p.m…. [Read More]

LEADING INDEPENDENT PROXY ADVISOR INSTITUTIONAL SHAREHOLDER SERVICES RECOMMENDS COMINAR UNITHOLDERS VOTE FOR ACQUISITION BY CANDEREL-LED CONSORTIUM FOR $11.75 PER UNIT IN CASH

December 13, 2021 By NewsWire Tagged With: TSX:CUF.UN

Proxy voting deadline is 11:00 a.m. (Montréal time) on December 17, 2021 QUÉBEC CITY, Dec. 13, 2021 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT“) (TSX: CUF.UN) today announced that independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS“) has recommended that holders (the “Unitholders“) of units of Cominar (the “Units“) vote FOR the… [Read More]

Invesque Inc. Announces Partial Redemption of its Amended 2016 Convertible Debentures due January 31, 2025

December 10, 2021 By NewsWire Tagged With: TSX:IVQ, TSX:IVQ.U

TORONTO, Dec. 10, 2021 /CNW/ – Invesque Inc. (the “Corporation” or “Invesque“) (TSX: IVQ) (TSX: IVQ.U) announced today that it has delivered a notice of redemption to the holders of the Corporation’s outstanding 5.00% 2016 Convertible debentures due January 31, 2025 (the “Debentures“) in connection with the previously announced Debenture amendments approved by holders of… [Read More]

CT REIT Announces Leadership Succession

December 9, 2021 By NewsWire Tagged With: TSX:CRT.UN

Ken Silver to retire from CT REIT May 31, 2022; Kevin Salsberg to be appointed President and CEO TORONTO, Dec. 9, 2021 /CNW/ – CT Real Estate Investment Trust (“CT REIT” or the “REIT”) (TSX: CRT.UN) today announced that Chief Executive Officer Ken Silver has decided to retire, effective May 31, 2022. He will be succeeded… [Read More]

NexLiving Communities Inc. Announces Exercise and Closing of Over-Allotment Option in Connection with its Oversubscribed Marketed Common Share Offering

December 9, 2021 By NewsWire Tagged With: TSX VENTURE:NXLV

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, Dec. 9, 2021 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (the “Company”) announced today that the Agents (as defined below) of its previously announced marketed public offering of common shares have exercised their over-allotment option resulting in the issuance of… [Read More]

RESAAS Wins ‘Best Online Real Estate Platform 2021’ Award from Capital Finance International

December 9, 2021 By NewsWire Tagged With: TSX VENTURE:RSS

RESAAS’ International Referral Platform Recognized for its Global Scale and Depth of Market Insight for Agents VANCOUVER, BC, Dec. 9, 2021 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, has won this year’s Best Online Real Estate Platform Award from Capital Finance International… [Read More]

Empire Shows Continued Momentum with Strong Second Quarter Results; Project Horizon On Track

December 9, 2021 By NewsWire Tagged With: TSX:EMP.A

Second Quarter Summary Earnings per share of $0.66 compared to $0.60 last year Same-store sales excluding fuel decreased by 1.3% compared to elevated sales last year Excluding fuel, gross margin increased by 72 basis points Project Horizon strategy on track Free cash flow of $129.5 million – 72% growth over last year $189.6 million of… [Read More]

BSR Real Estate Investment Trust Announces Base Shelf Prospectus Renewal and ATM Offering

December 8, 2021 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ LITTLE ROCK, Ark. and TORONTO, Dec. 8, 2021 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) announced today that on December 1, 2021, the REIT renewed its existing base shelf prospectus and filed… [Read More]

Tribe Property Technologies Announces Partnership with Bluemyth Technologies, Bringing Parcel Locker Solutions to Residential Community Living

December 8, 2021 By NewsWire Tagged With: TSX VENTURE:TRBE

/NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICES./  VANCOUVER, BC, Dec. 8, 2021 /CNW/ -Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB: TRPTF) (“Tribe” or the “Company”) has partnered with Bluemyth Technologies (“Bluemyth”), a Canada-based internet application company that is bringing smart parcel delivery solutions to strata and condo buildings. “We see this as… [Read More]

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