MONTRÃAL, Dec. 15, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of December 2017 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on January 15, 2018 to unitholders of record on December 29, 2017. About… [Read More]
Consolidated HCI Holdings Corporation Announces its 2017 Annual and Fourth Quarter Results
WOODBRIDGE, ON, Dec. 14, 2017 /CNW/ – Consolidated HCI Holdings Corporation today announced its annual and fourth quarter results for fiscal 2017. 3 months ended September 30 12 months ended September 30 2017 2016 2017 2016 ($000’s except earnings per share) Revenue $43 $333 $986 $1,243 Net earnings (loss) $(1,511) $505 $309 $784 Earnings (loss)… [Read More]
Clarocity Corporation Announces Option Grants
CALGARY, Dec. 14, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY;OTCQB: CLRYF) (the “Company” or “Clarocity“) today announced that the Board of Directors has granted 7,500,000 share options to management, employees, officers and directors of the Company exercisable at a price of $0.06. The options vest as to 1,875,000 on each of the 6, 12, 18 and… [Read More]
Plaza Retail REIT sells 50% interest in eight properties to recycle capital for new value add developments
FREDERICTON, Dec. 14, 2017 /CNW/ – Plaza Retail REIT (“Plaza or the “REIT”) (TSX: PLZ.UN) today announced that it has sold a 50% non-managing interest in eight retail properties in New Brunswick and Nova Scotia to a syndicated group of investors for total proceeds of $17.3 million, including cash proceeds of $7.3 million and assumption of… [Read More]
Artis Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
WINNIPEG, Dec. 14, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its existing normal course issuer bid (the “Bid”) for a further year. Under the terms of the Bid, Artis may purchase up to 13,314,337 trust… [Read More]
Choice Properties Real Estate Investment Trust Declares Distribution for the Month of December, 2017
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 14, 2017 /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 December, 2017 of $0.061667 per trust unit, representing $0.74… [Read More]
Pure Industrial Real Estate Trust Announces Cash Distribution for December 2017
VANCOUVER, Dec. 13, 2017 /CNW/ – Pure Industrial Real Estate Trust (the “Trust”) (TSX: AAR.UN) today announced that its Board of Trustees has approved a cash distribution of $0.026 per trust unit (equivalent to $0.312 per trust unit on an annualized basis) for the month of December 2017. This distribution will be paid on January… [Read More]
Summit Industrial Income REIT Announces Completion of $103.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 13, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its previously-announced public offering (the “Offering”) of 14,375,000 units at a price of $7.20 per unit for total… [Read More]
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
Boardwalk Real Estate Investment Trust (“BEI.UN” – TSX)Mainstreet Equity Corporation (“MEQ” â TSX) CALGARY, Dec. 13, 2017 /CNW/ – Boardwalk Real Estate Investment Trust (“Boardwalk”, “The Trust”) is pleased to announce the sale of a 641-unit apartment portfolio in Regina, Saskatchewan formally known as Boardwalk Estates to Mainstreet Equity Corporation (“Mainstreet”) for $71.65 million, which includes… [Read More]
Mainstreet Equity Corp Releases FY 2017 Results
CALGARY, Dec. 13, 2017 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2017. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, says, “These results prove the resilience and effectiveness of our… [Read More]
Empire Company Reports Improved Fiscal 2018 Second Quarter Results
Company to Launch FreshCo Discount Format in Western Market Second Quarter Summary Same-store sales excluding fuel increased 0.4% Loss per share of $0.09 due to restructuring expenses Adjusted earnings per share of $0.27 compared to $0.12 last year Project Sunrise expenses in second quarter of $129.2 million ($92.8 million after tax) Project Sunrise transformation on… [Read More]
Plaza Retail REIT to Leverage Core Strengths to Capitalize on Changing Retail Landscape
̶ Acquisition of former Sears store in Saguenay seen as first of multiple opportunities ̶ FREDERICTON, Dec. 12, 2017 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has closed the previously announced acquisition of a 50% interest in a prime retail property in Saguenay, Quebec for $3.25 million. The… [Read More]
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