MONTRÃAL, Dec. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the monthly cash distribution for the month of December 2020 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid January 15th, 2021 to unitholders of record… [Read More]
RESAAS Announces Integration with Transactly, a Leading On-Demand Transaction Coordination Service
VANCOUVER, BC, Dec. 10, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce an integration with Transactly, a leading real estate transaction platform. Transactly provides one of the largest teams of on-demand Transaction Coordinators in North America. In an agreement signed on… [Read More]
Genesis Land Development Corp. Announces Declaration of $0.15 per share Special Dividend
CALGARY, AB, Dec. 9, 2020 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.15 per common share, or $6.28 million in aggregate, payable on January 11, 2021 to shareholders of record on December 23, 2020. Eligible Dividend DesignationPursuant to subsection 89(14) of… [Read More]
Minto Apartment REIT Files Final Base Shelf Prospectus for $800 million in Securities
OTTAWA, ON, Dec. 9, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced that it has filed and obtained a receipt for its final short form base shelf prospectus (the “Prospectus”).The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada. The… [Read More]
Summit Industrial Income REIT Announces Pricing of $200 Million of 1.82% Series B Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 8, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has agreed to issue $200 million aggregate principal amount of series B senior unsecured debentures (the “Debentures“) at a price… [Read More]
LGBTQ+ Real Estate Alliance Selects RESAAS to Power Referrals to All Members
VANCOUVER, BC and ST. PAUL, MN, Dec. 8, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce that the LGBTQ+ Real Estate Alliance has selected RESAAS to house its member referral business and lead optimization services across North America. Founded in June… [Read More]
Mainstreet Equity Corp. Releases Q4 2020 Results
CALGARY, AB, Dec. 7, 2020 /CNW/ – Despite the global pandemic persisting for much of fiscal 2020, Mainstreet still managed to achieve year-over-year double-digit growth in funds from operations (“FFO”) in 2020, increasing 11% from the previous year. Revenues rose 9% and net operating income (“NOI”) increased 8%. We believe these results demonstrate the extraordinarily… [Read More]
ViveRE Communities To Upsize Previously Announced Common Share Offering To $8.5 Million
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, Dec. 4, 2020 /CNW Telbec/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) is pleased to announce that due to strong investor demand in connection with its previously announced best efforts short form prospectus offering (the “Offering“),… [Read More]
Cominar Real Estate Investment Trust Announces December 2020 Monthly Distribution
QUÃBEC CITY, QC, Dec. 3, 2020 /CNW/ – 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 December 15, 2020, payable on December 31, 2020. PROFILE AS AT December 3, 2020 Cominar is one of the largest diversified real estate investment trusts in Canada… [Read More]
R&R REIT Issues Units to its Non-Executive Trustees and Deferred Units to an Executive Officer
MISSISSAUGA, ON, Dec. 2, 2020 /CNW/ – R&R Real Estate Investment Trust (TSXV: RRR.UN) (the “REIT”) announces today that it has issued 976,750 trust units to its non-executive trustees at a price of $0.04 per trust unit in accordance with the REIT’s Non-Executive Trustee Issuance Plan pursuant to which non-executive trustees can receive 100% of… [Read More]
BSR REIT Announces the Sale of Five Noncore Properties for $86 Million
LITTLE ROCK, Ark. and TORONTO, Dec. 2, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U) (TSX: HOM.UN) announced today that it has sold five noncore properties, comprising 890 apartment units, as part of the REIT’s portfolio enhancement growth strategy and capital recycling program. The REIT received total gross proceeds of $86… [Read More]
Sandpiper Increases Investment in Artis REIT to 10%
VANCOUVER, BC, Dec. 2, 2020 /CNW/ – Sandpiper Group (“Sandpiper”) announced today that on December 2, 2020, it acquired, through Sandpiper Real Estate Fund 4 Limited Partnership (the “Fund“), an aggregate of 100,000 units (“Units”) of Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) in the open market through the facilities of the… [Read More]
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