VANCOUVER, Feb. 14, 2019 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that the Board of Directors of Pure Multi-Family REIT (GP) Inc., the governing general partner of Pure Multi-Family, has approved a cash distribution of US$0.03125 per unit for the month of February 2019 (equivalent to… [Read More]
Killam Apartment Reit Announces $75 Million Public Offering of Trust Units
/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Feb. 14, 2019 /CNW/ – Killam Apartment REIT (“Killam”) (TSX:KMP.UN) is pleased to announce that it has reached an agreement with a syndicate of underwriters led by RBC Capital Markets to issue to the public, subject to regulatory… [Read More]
H&R REIT Announces Fourth Quarter and 2018 Annual Results
TORONTO, Feb. 14, 2019 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) is pleased to announce its financial results for the year ended December 31, 2018. During 2018, H&R actively pursued its capital reallocation program through property dispositions, acquisitions, developments and the repurchase and cancellation of REIT units (“Units”). The… [Read More]
Mainstreet Equity Corp. Releases Q1 2019 Results
CALGARY, Feb. 14, 2019 /CNW/ – Simply put, the first quarter results are among the best year-over-year improvements in Mainstreet history, with a significant increase in both funds from operations (“FFO”) and net operating income (“NOI”), rising 51% and 27%, respectively. Rental revenues also grew 21%. We see these achievements as a direct result of what… [Read More]
Choice Properties Leadership Succession
TORONTO, Feb. 13, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (TSX: CHP.UN, “Choice Properties”) today announced that President and Chief Executive Officer, Stephen Johnson has decided to retire on May 1, 2019. He will be succeeded by Rael Diamond, who is currently Chief Operating Officer at Choice Properties. Mr. Johnson and Mr. Diamond… [Read More]
Choice Properties Real Estate Investment Trust Reports Results for the Fourth Quarter Of 2018
TORONTO, Feb. 13, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the fourth quarter ended December 31, 2018. The 2018 Fourth Quarter Report to Unitholders is available in the Investor Relations section of the Trust’s website at www.choicereit.ca, and also has been filed with SEDAR… [Read More]
Morguard Real Estate Investment Trust Announces 2018 Annual Results
MISSISSAUGA, ON, Feb. 13, 2019 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its 2018 annual results. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). FOR THE YEAR ENDED DECEMBER 31 In thousands of dollars, except per unit amounts 2018 2017 Revenue from… [Read More]
Choice Properties Real Estate Investment Trust Declares Distribution for the Month of February, 2019
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 13, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a distribution for the month of February, 2019 of $0.061667 per trust unit, representing $0.74 per… [Read More]
First Capital Realty Announces Fourth Quarter and 2018 Annual Results, Pursuit of REIT Conversion and Evolved Urban Investment Strategy
Strong annual FFO per share growth of 4.4% Deeper focus on super urban markets that fully integrates retail with other uses Surface substantial unrecognized value in density pipeline, primarily through the development process Optimize portfolio by further concentrating investment capital in dense, high growth neighbourhoods Pursuit of REIT conversion TORONTO, Feb. 12, 2019 /CNW/ – First… [Read More]
Morguard North American Residential REIT Announces 2018 Results
MISSISSAUGA, ON, Feb. 12, 2019 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the year ended December 31, 2018. Highlights The REIT is reporting performance of: Net operating income (“NOI”) of $131.7 million for the year ended December 31, 2018, an increase of $9.0 million, (or… [Read More]
BSR REIT to Report Fourth Quarter 2018 Financial Results on March 7, 2019
LITTLE ROCK and TORONTO, Feb. 12, 2019 /CNW/ – BSR Real Estate Investment Trust (the “REIT“) (TSX: HOM.U) today announced that it will release its 2018 fourth quarter financial results after market close on Thursday, March 7th, 2019. John Bailey, Chief Executive Officer, and Susan Koehn, Chief Financial Officer, will host a conference call for analysts… [Read More]
Global Real Estate Dividend Growers Corp. Completes Merger into REIT INDEXPLUS Income Fund
CALGARY, Feb. 12, 2019 /CNW/ – Middlefield Limited (the “Manager”) is pleased to announce the successful completion, effective today, of the previously announced merger of Global Real Estate Dividend Growers Corp. (“GRL”)(TSX: GRL) and REIT INDEXPLUS Income Fund (“REIT INDEXPLUS”)(TSX: IDR.UN), with REIT INDEXPLUS being the continuing fund. The merger was effected on a tax-deferred “rollover” basis…. [Read More]
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