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Termination of First National Mortgage Investment Fund

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TORONTO, Dec. 22, 2017 /CNW/ – Further to its announcement on November 15, 2017, Stone Asset Management Limited (the “Manager”), the manager of the First National Mortgage Investment Fund (the “Fund”) (TSX: FNM.UN), announces that the Fund was terminated effective December 22, 2017.  The units of the Fund were delisted from the Toronto Stock Exchange as… [Read More]

Inovalis Real Estate Investment Trust Presents Increased GAAP Disclosure in Revised Management’s Discussion and Analysis

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 22, 2017 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that it has amended and refiled its management’s discussion and analysis (“MD&A“) for the year ended December 31, 2016, for the three months ended March… [Read More]

True North Commercial Real Estate Investment Trust Adds 298,000 square foot Institutionally Owned Business Campus in Halifax, Nova Scotia

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/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 21, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed the acquisition of a business campus located at 120, 130, 134 and 140 Eileen Stubbs Avenue, Halifax, Nova Scotia (“Bluefrog“). Situated… [Read More]

Artis Real Estate Investment Trust Provides Update on Development Projects and Property Acquisitions and Dispositions

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WINNIPEG, Dec. 21, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) provided today an update on development projects, Park Lucero and Park 8Ninety, located in Arizona and Texas. Artis also announced that it has acquired a portfolio of three industrial properties in Colorado and Arizona, that it has entered… [Read More]

Buying a home in Canada is less affordable than any time since 1990: RBC Economics

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Vancouver affordability measure reaches worst-ever level for any market in Canada in the third quarter of 2017 Historically-stretched affordability also recorded in Toronto and Victoria Tensions may be rising for buyers in Ottawa and Montreal The likelihood of interest rate increases in 2018 threatens to boost home ownership costs further across Canada TORONTO, Dec. 21,… [Read More]

Tricon Capital Group Completes $365 Million Single-Family Rental Securitization

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Dec. 20, 2017 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that Tricon American Homes… [Read More]

Automotive Properties REIT Extends and Increases Credit Facility

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 /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 19, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has replaced its existing $14.6 million revolving credit facility (“Facility 3”), maturing in October 2019, with a new $34.0 million credit facility (the… [Read More]

Genesis Land Development Corp. Announces Declaration of approximately $10.81 Million Special Dividend

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CALGARY, Dec. 19, 2017 ­/CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared a special cash dividend of $0.25 per common share for a total of $10,813,180.25  payable to shareholders of record on December 27, 2017, which will be paid on January 5,  2018. The ex-dividend date… [Read More]

Fiera Infrastructure Purchases UK-Based Rooftop Solar Assets

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/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TRANSACTION ADDS HIGH QUALITY RENEWABLE ENERGY ASSETS TO INVESTMENT PORTFOLIO TORONTO, Dec. 19, 2017 /CNW Telbec/ – Fiera Infrastructure Inc. (“Fiera Infrastructure”), a leading infrastructure management firm and an affiliate of Fiera Capital Corporation (“Fiera Capital” or the “Firm”) (TSX: FSZ),… [Read More]

CT REIT Completes Acquisition of Five Properties from RioCan REIT

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TORONTO, Dec. 18, 2017 /CNW/ – Further to its press release issued on November 28, 2017, CT Real Estate Investment Trust (“CT REIT”) (TSX:CRT.UN) announced today that it has completed the purchase of five properties from RioCan Real Estate Investment Trust (“RioCan”) at a total investment of $135 million, before transaction costs. The properties are located… [Read More]

Home Capital Announces New Chief Information Officer and Other Executive Leadership Appointments

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TORONTO, Dec. 18, 2017 /CNW/ – Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that Victor DiRisio will be joining the Company as the new Chief Information Officer (CIO), effective January 1, 2018, reporting directly to President and Chief Executive Officer, Yousry Bissada. Mr. DiRisio will lead the Company’s Information Technology… [Read More]