Artis enters into an agreement to sell GTA industrial portfolio for $750.0 million, representing a price per square foot of $297 Sale price for the transaction exceeds the REIT’s most recently reported IFRS fair value of $550.7 million by 36.2% Transaction is expected to generate net proceeds of approximately $734 million that will be used… [Read More]
Cominar Real Estate Investment Trust Announces June 2021 Monthly Distribution
QUÃBEC CITY, June 18, 2021 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today a distribution of 3.00 cents per unit to unitholders of record as at June 30, 2021, payable on July 15, 2021. PROFILE AS AT JUNE 18, 2021 Cominar is one of the largest diversified real estate investment trusts in Canada… [Read More]
NorthWest Healthcare Properties REIT Announces Successful Completion of Previously Announced Public Equity Offering and Full Exercise of Over-Allotment Option for Gross Proceeds of $201,411,000
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, June 18, 2021 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) is pleased to announce today that it has completed its previously announced public offering (the “Public Offering”) of 15,985,000 trust… [Read More]
Crombie REIT Announces Publication of its Inaugural Sustainability Report
NEW GLASGOW, NS, June 18, 2021 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) announced today the publication of its inaugural Sustainability Report at www.crombiereit.com. This report provides an update on Crombie’s sustainability initiatives and long-term strategies. Crombie is committed to measuring baseline performance through the submission to GRESB and is publishing this… [Read More]
American Hotel Income Properties REIT LP REPORTS Voting Results of Annual and Special Meeting
VANCOUVER, BC, June 17, 2021 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announces that at its annual and special meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated May 7, 2021 were directed to be elected as directors of American Hotel Income Properties REIT (GP)… [Read More]
Plaza Retail REIT Announces June 2021 Distribution
FREDERICTON, NB, June 17, 2021 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its June 2021 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The June distribution will be payable on July 15, 2021 to unitholders of record as at June 30, 2021. ABOUT PLAZAPlaza is an open-ended real estate… [Read More]
Award-Winning Smart Pod Pivo Joins RESAAS Approved Supplier Program
VANCOUVER, BC, June 17, 2021 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF) (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced a marketing partnership with 3i Inc. as part of RESAAS’ Approved Supplier Program. 3i Inc. developed Pivo, an all-inclusive solution combining a motion tracking interactive pod and software for smartphone photography… [Read More]
MCAN Mortgage Corporation Announces Insider Participation in Recently Completed Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, June 17, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced additional information regarding the participation of insiders of MCAN in the rights offering of the Company that closed on June 10, 2021 (the “Rights… [Read More]
NexLiving Communities Enters into Definitive Agreement to Acquire 47 Unit Multi-Family Property in Saint John, NB
NexLiving continues to deliver on the strategy of acquiring premium properties within its key 55+ active living demographic Acquisition of 47 units in Saint John will grow the overall number of suites in the Company’s portfolio by approximately 9% Attractive cap rate of 5.1% and mortgage rate of 1.95% Building was constructed in 2020 and… [Read More]
Crombie REIT Announces June 2021 Monthly Distribution
NEW GLASGOW, NS, June 16, 2021 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from June 1, 2021, to and including June 30, 2021. The distribution will be payable on July 15, 2021, to unitholders of record as at June 30, 2021…. [Read More]
BTB Announces the Results of the 2021 Election of Trustees
MONTRÃAL, QC, June 16, 2021 /CNW Telbec/ – June 16th, 2021: BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) is pleased to announce that each of the Trustees nominated in the Management Information Circular dated May 11, 2021, were elected as Trustees of BTB during the Annual and Special Meeting of Unitholders… [Read More]
Killam Apartment REIT Announces June 2021 Distribution
HALIFAX, NS, June 16, 2021 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its June 2021 monthly distribution. The distribution of $0.05667 per unit will be paid on July 15, 2021, to unitholders of record on June 30, 2021. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]
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