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Lanesborough REIT Reports 2020 Third Quarter Results

November 26, 2020 By NewsWire Tagged With: TSX:LRT.NT.A, TSX:LRT.UN

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 – quarterly highlights and the… [Read More]

MEDIA ADVISORY – Empire Company Limited Advisory of Q2 Fiscal 2021 Results Conference Call

November 26, 2020 By NewsWire Tagged With: TSX:EMP.A

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

November 24, 2020 By NewsWire Tagged With: TSX:IFC

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

November 23, 2020 By NewsWire Tagged With: TSX:TZS

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

November 23, 2020 By NewsWire Tagged With: TSX:MRC

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

November 23, 2020 By NewsWire Tagged With: TSX VENTURE:RSS

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

November 20, 2020 By NewsWire Tagged With: TSX:MRC, TSX:MRT.UN

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

November 20, 2020 By NewsWire Tagged With: TSX:NWH.UN

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

November 20, 2020 By NewsWire Tagged With: TSX:RS

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]

Kadestone Capital Corp. Reports Q3 2020 Financial Results

November 19, 2020 By NewsWire Tagged With: TSX VENTURE:KDSX

VANCOUVER, BC, Nov. 19, 2020 /CNW/ – Kadestone Capital Corp. (“Kadestone” or the “Company”)(TSX-V: KDSX), announces the results of operations for the quarter ended September 30, 2020. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies and are expressed in Canadian dollars. For the nine months ended September 30, 2020, the… [Read More]

PROREIT Announces November 2020 Distribution; Provides Rent Collection and Operating Liquidity Update

November 19, 2020 By NewsWire Tagged With: TSX:PRV.UN

Monthly cash distribution of $0.0375 per unit declared 99.8% of rent collected in November 2020 New $13.25 million term loan secured MONTREAL, Nov. 19, 2020 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) today announced its November 2020 distribution and provided an update on November rent collections and operating liquidity. “Our… [Read More]

Artis Real Estate Investment Trust Provides Update on Property Dispositions Above IFRS Fair Value and on Active NCIB Program

November 19, 2020 By NewsWire Tagged With: TSX:AX.UN

Completion of two additional sales under Artis’ asset disposition program, part of a strategy to improve the REIT’s growth profile and strengthen its balance sheet, for an aggregate sale price of $148.3 million, exceeding the IFRS fair value by $2.1 million Artis remains ahead of schedule on disposition program, having successfully completed approximately $950 million… [Read More]

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