MONTRÃAL, Nov. 7, 2022 /CNW Telbec/ – (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the Toronto Stock Exchange (the “TSX“) has approved the normal course issuer bid (“NCIB“) program authorized by its Board of Trustees to repurchase for cancellation up to 5,838,023 units, representing approximately 7% of the REIT’s public float comprised of… [Read More]
Empire Company Limited impacted by IT systems issue
STELLARTON, NS, Nov. 7, 2022 /CNW/ – Empire Company Limited (“Empire” or “Company”) (TSX: EMP.A) today announced that it has been impacted by an IT systems issue. The Company’s grocery stores remain open to serve customers and are not experiencing significant disruptions at this time. However, some in-store services are functioning intermittently or with a delay…. [Read More]
DREAM INDUSTRIAL REIT ANNOUNCES THE FORMATION OF CANADIAN INDUSTRIAL REAL ESTATE JOINT VENTURE IN PARTNERSHIP WITH GIC AND ACQUISITION OF SUMMIT INDUSTRIAL INCOME REIT
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated. Transaction Highlights Dream Industrial REIT has partnered with GIC to acquire Summit Industrial Income REIT in… [Read More]
SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION
Transaction Highlights GIC and Dream Industrial REIT to acquire Summit Industrial Income REIT in an all-cash transaction Summit unitholders to receive cash consideration of $23.50 per unit by way of a special distribution and a redemption of units After receiving the unanimous recommendation of the special committee of the Board of Trustees of Summit, composed… [Read More]
ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES SALE OF MINNESOTA INDUSTRIAL PORTFOLIO AND PROVIDES UPDATE ON PROPERTY DISPOSITIONS
WINNIPEG, MB, Nov. 4, 2022 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that it has closed on the sale of 17 industrial properties located in the Twin Cities Area, Minnesota (“Minnesota Industrial Portfolio I”) and has entered into unconditional agreements to sell a portfolio of six industrial… [Read More]
Northwest Healthcare Properties Real Estate Investment Trust Announces Timing of Third Quarter 2022 Results
TORONTO, Nov. 3, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”), Canada’s leading global diversified healthcare real estate investment trust, announced today that it will issue its third quarter 2022 financial results for the three and nine months ending September 30, 2022, on November 14, 2022, after markets close. A conference call will be held… [Read More]
Sagen MI Canada Inc. Reports Third Quarter 2022 Results and Declares Preferred Share Dividend
TORONTO, Nov. 3, 2022 /CNW/ – Sagen MI Canada Inc. (the “Company“) (TSX: MIC.PR.A) today reported third quarter 2022 net income of $167 million. Third Quarter 2022 Financial Results Net income of $167 million was $7 million lower than the same quarter in the prior year, primarily due to higher losses on claims, which was partially… [Read More]
ARTIS REAL ESTATE INVESTMENT TRUST RELEASES THIRD QUARTER RESULTS
WINNIPEG, MB, Nov. 3, 2022 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) (TSX: AX.PR.E) (TSX: AX.PR.I) announced today its financial results for the three and nine months ended September 30, 2022. The third quarter press release should be read in conjunction with the REIT’s consolidated financial statements and Management’s… [Read More]
BMO Wealth Insights Issues Guidance for Canadians Navigating Uncertainty as Real Estate Remains a Top Source for Creating Wealth
Digital publication outlines meaningful considerations to optimize investments in real estate and support next generation of homeowners TORONTO, Nov. 3, 2022 /CNW/ – BMO Private Wealth has published the latest edition of its annual digital publication that provides comprehensive wealth, tax and estate planning considerations for Canadians navigating the opportunities and complexities of investing in… [Read More]
Genesis Land Development Corp. Appoints Senior Vice Presidents
CALGARY, AB, Nov. 2, 2022 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (“Genesis”) is pleased to announce the promotions of PS Sidhu as Senior Vice President, Homebuilding, along with his role as President, Genesis Builders Group Inc. (“GBG”) and Brian Whitwell as Senior Vice President, Asset Management, both effective November 2, 2022. Reporting to… [Read More]
Genesis Reports 2022 Third Quarter Results and Declares a Special Dividend of $0.075
CALGARY, AB, Nov. 2, 2022 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q3”) and nine months ended September 30, 2022 (“YTD”). Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located,… [Read More]
True North Commercial REIT Reports Q3-2022 Results
174,000 square foot, Federal government tenanted acquisition in Ottawa, ON and continued positive leasing momentum 198,300 sq ft leased/renewed with a WALT of 6.4 years during Q3-2022 /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 2, 2022 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced… [Read More]
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