$46.6 million ten-year mortgage refinancing $13.0 million in proceeds from sale of two properties 99.8% of rent collected in January and February 2021 76% of 604,134 square feet maturing in 2021 renewed to date $35 million in operating liquidity MONTREAL, March 4, 2021 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX:… [Read More]
Tricon Delivers Strong Q4 2020 Results as Single-Family Rental Flourishes
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, March 3, 2021 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company catering to the middle-market demographic throughout the United States and Canada, announced today its consolidated financial results for the year ended December… [Read More]
True North Commercial REIT Reports Q4 2020 and Year End Results
High quality government and credit rated tenant base results in 99% contractual rent collection, NOI growth of 21% and strong occupancy of 98% 545,600 sq ft leased/renewed with a WALT of 7.8 years during 2020 /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES./ TORONTO, March 3, 2021 /CNW/ – True North Commercial Real Estate… [Read More]
Cominar Announces 2020 Results and COVID-19 Update
QUÃBEC CITY, March 3, 2021 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announces its results for the fourth quarter and year ended December 31, 2020. 2020 FOURTH QUARTER AND FULL YEAR – HIGHLIGHTS The formal strategic review process to identify, review and evaluate a broad range of potential strategic… [Read More]
Artis Real Estate Investment Trust Releases 2020 Annual Results
WINNIPEG, MB, March 2, 2021 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX UN) announced today its financial results for the year ended December 31, 2020. The annual results in this press release should be read in conjunction with the REIT’s consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) for… [Read More]
RESAAS Adds Nationwide Retailers to RESAAS Rewards Online Gifting Solution
VANCOUVER, BC, March 2, 2021 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce the addition of the following Nationwide Retailers to RESAAS Rewards. Bed Bath & Beyond (NASDAQ: BBBY) Best Buy (NYSE: BBY) Lowe’s (NYSE: LOW) Pottery Barn (NYSE: WSM) Announced on… [Read More]
Genesis Reports Strong Q4 and 2020 Performance
CALGARY, AB, March 1, 2021 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its fourth quarter and 2020 earnings today. The integrated land developer and residential home builder reported $103.9 million of revenue for the twelve months ended December 31, 2020, up 53% year over year. Home sales, new home… [Read More]
Automotive Properties REIT Acquires Lexus Laval Dealership Property in Greater Montreal Area
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 1, 2021 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) announced today that it has acquired the Lexus Laval dealership property in Laval, Quebec (the “Property”) from the Dilawri Group (“Dilawri”) for… [Read More]
Parkit Announces Increase to Bought Deal Private Placement Financing of Up to $40 Million Plus $5 Million Concurrent Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 1, 2021 /CNW/ – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as joint bookrunners and co-lead underwriters (collectively, the… [Read More]
VM Hotel Acquisition Corp. Announces Completion of U.S.$100,000,000 Initial Public Offering
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 1, 2021 /CNW/ – VM Hotel Acquisition Corp. (the “Corporation“) (TSX: VMH.V) is pleased to announce the closing (the “Closing“) of its initial public offering (the “Offering“) of 10,000,000 Class A restricted voting units of the Corporation (the “Class A Restricted Voting… [Read More]
Parkit Announces $25 Million Bought Deal Financing and $5 Million Concurrent Non-Brokered Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 1, 2021 /CNW/ – Parkit Enterprise Inc. (TSXV: PKT) (“Parkit” or the “Company”), an industrial real estate growth vehicle and parking platform, is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank… [Read More]
R&R REIT Announces Appointment of New Trustees
MISSISSAUGA, ON, Feb. 25, 2021 /CNW/ – R&R Real Estate Investment Trust (the “REIT“) (TSXV: RRR.UN) is pleased to announce the appointment of Geoffrey Morphy and Louise Dermott to the Board of Trustees of the REIT. Each of Mr. Morphy and Ms. Dermott will hold office as trustees until the next annual meeting of unitholders… [Read More]
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