MONTRÃAL, March 28, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“), further to the conclusions of its strategic review of its portfolio, announces the sale of a property located at 3627-3645 Des Sources Blvd. in Dollard-des-Ormeaux in the province of Québec for total proceeds of $7 million. The net proceeds will be mainly allocated to… [Read More]
Nobel Reit’s Unitholders Approve the Proposed Merger With Edgefront Reit Which Will be Renamed Nexus Reit
MONTREAL, March 27, 2017 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT“) is pleased to announce the results of the REIT’s special meeting of unitholders held earlier today (the “Meeting“). A combined total of 9,848,703 trust units and special voting units (collectively, the “Units“) were represented at the… [Read More]
Home Capital Group Announces Departure of CEO Martin K. Reid, Appointment of Interim CEO and Commencement of Search for Permanent Replacement
TORONTO, March 27, 2017 /CNW/ – Home Capital Group Inc. (the “Company”, TSX: HCG) announced today that it has named director Bonita J. Then interim President & Chief Executive Officer of the Company, replacing Martin K. Reid. The Company has commenced a search for a full-time replacement for the President & CEO position. “Home Capital… [Read More]
Clarocity Corporation Announces Issuance of Shares in Lieu of Interest on Conversion of Debentures
CALGARY, March 24, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) announces that holders (the “Debentureholders“) of its 10% secured, redeemable, convertible debentures due May 9, 2017 (the “Debentures“) may receive common shares in lieu of cash as consideration for accrued interest up to the date of conversion of their Debentures in… [Read More]
Consolidated HCI Holdings Corporation Announces Sale of its Remaining Investment Properties
WOODBRIDGE, ON, March 24, 2017 /CNW/ – Consolidated HCI Holdings Corporation (the “Corporation“) (TSX: CXA.B) announced today that it has accepted an offer (the “Offer“) to sell its 50% interest (the “50% Interest“) in the real property located at 7700 Keele Street, Vaughan, Ontario and the adjacent property located at 2267 Highway 7, Vaughan, Ontario (collectively,… [Read More]
Firm Capital Property Trust Announces Solid Fourth Quarter and Strong End to 2016
TORONTO, March 23, 2017 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) is pleased to report today its consolidated annual financial results for the three and nine twelve ended December 31, 2016. FOURTH QUARTER AND 2016 HIGHLIGHTS Net income before fair value adjustments for the three months ended December 31,… [Read More]
Summit Industrial Income REIT Provides Update on 2017 Acquisition Activity – Six Properties Acquired to Date for $83.8 million
TORONTO, March 22, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today provided an update on its portfolio growth activities to date in 2017. The REIT has completed the 100% acquisition of a two-property portfolio totaling 297,620 square feet of Gross Leasable Are (“GLA”) located in the Greater Toronto Area close… [Read More]
Automotive Properties REIT Completes $8.0 Million Acquisition of Go Mazda Dealership Property in Edmonton
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 22, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced that it has closed the previously-announced acquisition of the Go Mazda dealership property (“the Property”) in Edmonton, Alberta. The REIT acquired the Property… [Read More]
Crombie REIT announces monthly distribution
NEW GLASGOW, NS, March 22, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from March 1, 2017, to and including March 31, 2017. The distribution will be payable on April 13, 2017, to unitholders of record as at March 31, 2017…. [Read More]
MINT Income Fund Completes Mergers of TSX-Listed Funds
CALGARY, March 22, 2017 /CNW/ – Middlefield Group is pleased to announce the successful completion, effective today, of the previously announced mergers of COMPASS Income Fund (“COMPASS”) and YIELDPLUS Income Fund (“YIELDPLUS”) into MINT Income Fund (“MINT”) (collectively, the “Funds”) with MINT being the continuing fund in each case. The mergers were effected on a… [Read More]
Milestone Apartments REIT and Starwood Capital Group Agree to Revised Going Private Transaction That Will Result in Unitholders Receiving US$16.25 Per Trust Unit
Institutional unitholders representing approximately 16% of Milestone’s voting units have committed to vote in favor of the revised transaction TORONTO and DALLAS, March 22, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) and an affiliate of Starwood Capital Group (“Starwood”) today announced that they have agreed to amend their… [Read More]
Milestone Apartments REIT Announces 2016 Fourth Quarter and Year-End Results
TORONTO and DALLAS, March 22, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that the REIT has filed its Management’s Discussion and Analysis and Audited Consolidated Financial Statements for the year ended December 31, 2016 on SEDAR. These documents are available on the REIT’s website at www.milestonereit.com. In… [Read More]
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