QUÃBEC CITY, Jan. 15, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2019 on Thursday, March 5, 2020. Management will also hold a conference call on the same day at 11:00 a.m…. [Read More]
True North Commercial REIT Reports Q4 2019 and Year End Results
YTD revenue and NOI growth of over 20% and successful execution of urban strategy with Q4 acquisition of 1.1million square feet of high quality, Class “A” office properties /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, March 3, 2020 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today… [Read More]
Summit Industrial Income REIT to Acquire LEED- Certified Distribution Facility in GTA
TORONTO, March 3, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A temperature-controlled single tenant distribution facility in Guelph, Ontario. The 282,133 square foot building is LEED Gold Certified and is the main distribution facility for Central… [Read More]
BTB Announces the Disposition of a Property Located in Montréal, Québec
MONTRÃAL, March 3, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (« BTB ») announces the dispositon of an industrial property located at 5600 chemin de la Côte-de-Liesse in Montréal (Québec). Located in the heart of the industrial sector of the Town of Mount-Royal, BTB acquired the Property for the price of $ 7.55 million, excluding transaction… [Read More]
Firm Capital American Realty Partners Trust Provides Update on Equity Offering
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 3, 2020 /CNW/ – Firm Capital American Realty Partners Trust (the “Trust“), (TSXV: FCA.U), (TSXV: FCA.UN) announced today that its previously announced (see press release dated February 13, 2020) fully marketed public offering (the “Offering“)… [Read More]
Choice Properties Real Estate Investment Trust Completes $500 Million Issuance of Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 3, 2020 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain Provinces of Canada, of $500 million… [Read More]
Chartwell Acquires a New Residence in Quebec
MISSISSAUGA, ON, March 3, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today that it completed the acquisition of a 42.5% interest in Chartwell Le St-Gabriel résidence pour retraités (“Chartwell Le St-Gabriel”) from its development partner, Batimo Inc. (“Batimo”). Welltower Inc. (“Welltower”) (NYSE: WELL), also acquired a 42.5% interest in the property, and Batimo… [Read More]
Artis REIT Confirms That It is in Discussions With Potential Suitors
WINNIPEG, March 2, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis“, or the “REIT“) (TSX: AX.UN) is aware of a Bloomberg article dated February 28, 2020, regarding the REIT receiving interest from prospective suitors. Artis’ policy is not to comment on market speculation or rumours. In response to a request by the Investment Industry… [Read More]
Growth Strategy Execution Continues with Construction Launch of On-Site Funeral Visitation and Reception Centre at Westminster Cemetery
New 32,100 square foot facility will be Park Lawn’s first on-site funeral visitation and reception centre in Canada TORONTO, March 2, 2020 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that construction of an on-site funeral visitation and reception centre at the Westminster Cemetery in Toronto, Ontario is now… [Read More]
Starlight U.S. Multi-Family (No. 1) Core Plus Fund Completes Acquisition of Initial Three Properties Comprising 950 Units Valued at US$187.5 Million
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 28, 2020 /CNW/ – Starlight U.S. Multi-Family (No. 1) Core Plus Fund (TSX.V: SCPO.UN) (the “Fund”) announced today that it has successfully completed the acquisition of three multi-family residential properties located in Tampa, Florida; Atlanta, Georgia; and Nashville Tennessee… [Read More]
Morguard Real Estate Investment Trust Advises of Discussions with Obsidian Energy
MISSISSAUGA, ON, Feb. 27, 2020 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today announced that it is in formal discussions with Obsidian Energy Ltd (“Obsidian”) regarding a potential lease amendment for its Penn West Plaza tenancy. Penn West Plaza is a 636,500 square foot Class A office complex, consisting of two towers, located at 207 and 215 9th Avenue, Calgary, Alberta. Both… [Read More]
Chartwell Announces Fourth Quarter & Year End 2019 Results and Increase to Distributions
MISSISSAUGA, ON, Feb. 27, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the fourth quarter and for the year ended December 31, 2019 and an increase to distributions. Q4 2019 and 2019 Highlights Resident Satisfaction score is up 5 percentage points to 63% Very Satisfied Employee Engagement score is… [Read More]
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