TORONTO, June 5, 2017 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) today announced the voting results for the directors elected at the Company’s annual general meeting of shareholders held on May 9, 2017 in Toronto, Ontario. Management received the following proxies from holders of restricted voting shares in regard to the election… [Read More]
True North Commercial Real Estate Investment Trust Continues Urban Growth with $53.6 Million of Strategic Property Acquisitions In GTA, Ottawa and Victoria
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, June 5, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is pleased to announce it has agreed to acquire: (i) a 31,410 square foot office property located at 5160 Orbitor Drive, Mississauga, Ontario (the “GTA Property“); (ii) a 148,120… [Read More]
Leading Proxy Advisory Firm ISS Recommends Granite REIT Unitholders Vote “FOR” All of FrontFour & Sandpiper’s Trustee Nominees on the BLUE Proxy Card
ISS Notes FrontFour & Sandpiper’s Compelling Case for Change ISS Recommends Unitholders Vote FOR Al Mawani, Peter Aghar & Samir Manji on the BLUE proxy card ISS Recommends WITHHOLD vote for G. Wesley Voorheis, Peter Dey and Brydon Cruise TORONTO, June 5, 2017 /CNW/ – FrontFour Capital Group LLC (“FrontFour”) and Sandpiper Group (“Sandpiper”), owners… [Read More]
Granite and Industry Experts Disagree With ISS’s Assertions and Recommendation
ISS supports its recommendation with flawed analysis and unquestioned acceptance of the dissidents’ views, and deviates from its own policies while disregarding the opinions and analysis of recognized industry experts Effecting change to the Board’s leadership in the reckless manner recommended by ISS will likely result in Board dysfunctionality that will put Granite’s strategic plan… [Read More]
First National Mortgage Investment Fund Announces Annual Redemption and Progress Report
TORONTO, June 2, 2017 /CNW/ – First National Mortgage Investment Fund (TSX: FNM.UN) (the “Fund”) today announced that Class A unitholders tendered 716,612 units amounting to 23.9% of the 2,995,412 outstanding Class A units under the annual redemption privilege. As more than the maximum of 15% of the outstanding units have been tendered, the Fund has… [Read More]
Crombie REIT announces redemption of outstanding 5.00% Series D Convertible Debentures due September 30, 2019
NEW GLASGOW, NS, June 2, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) announced today that it has exercised its right to redeem its 5.00% Series D Convertible Unsecured Subordinated Debentures maturing on September 30, 2019 (the “Debentures”) in accordance with the terms of the supplemental trust indenture dated July 3, 2012,… [Read More]
Crombie REIT appoints Debra Hess to Board of Trustees
NEW GLASGOW, NS, June 2, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce the appointment of Debra Hess to its Board of Trustees effective immediately. Ms. Hess most recently served as Chief Financial Officer of Northstar Asset Management Group (NYSE: NSAM) and Northstar Realty Finance Corp (NYSE: NRF)… [Read More]
Carol Trice Joins Clarocity to Lead Valuation Quality and Audit Division
CARLSBAD, CA, June 2, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that Carol Trice has joined Clarocity as Director of Quality Review Services. “We are excited to have Carol join our team and expand our footprint in quality and audit solutions,” said Shane Copeland, CEO of Clarocity. “Carol… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Sells Apartment Complex in West Houston, Texas
INTENDS TO USE PROCEEDS FOR GEOGRAPHIC DIVERSIFICATION AND TO UPDATE PORTFOLIO VINTAGE /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 1, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today it has sold the property located at 20900 Farm… [Read More]
Firm Capital American Realty Partners Corp. Announces Improving First Quarter Results
TORONTO, May 30, 2017 /CNW/ – Firm Capital American Realty Partners Corp. (“the “Company“), (TSXV : FCA.U) is pleased to report its consolidated interim quarterly financial results for the three months ended March 31, 2017. QUARTER AND YEAR-TO-DATE HIGHLIGHTS For the quarter ended March 31, 2017, net loss was approximately $0.2 million, or a 28% improvement… [Read More]
First Capital Realty Announces Election of Directors
TORONTO, May 30, 2017 /CNW/ – First Capital Realty Inc. (the “Company“) (TSX:FCR), one of Canada’s largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today the results of the election of directors at its annual and special meeting of shareholders held on May 30, 2017 (the “Meeting“). The total number of… [Read More]
Mainstreet announces normal course issuer bid
CALGARY, May 30, 2017 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of the… [Read More]
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