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BTB reduces its debt rate by 4%, and records its lowest debt rate since 2010

August 8, 2016 By NewsWire Tagged With: TSX:BTB.UN

MONTRÉAL, Aug. 8, 2016 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) releases today its financial results for the second quarter ended June 30, 2016, and announces the following highlights: HIGHLIGHTS OF THE SECOND QUARTER 2016 Increase 4.0% in rental income 2.8% in net operating income(1) 6.9% in net… [Read More]

Mosaic Capital Corporation Completes Acquisition of Mackow Industries

August 8, 2016 By NewsWire Tagged With: TSX VENTURE:M

CALGARY, Aug. 8, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) is pleased to announce that it has successfully completed the acquisition of an 80% interest in the business being carried on by Mackow Industries (“Mackow“).  The remaining 20% was retained by key management of Mackow. This transaction was previously discussed… [Read More]

BTB announces its distribution for the month of August 2016

August 8, 2016 By NewsWire Tagged With: TSX:BTB.UN

MONTRÉAL, Aug. 8, 2016 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of August 2016 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on September 15, 2016 to unitholders of record on August 31 2016. About BTB… [Read More]

Mosaic Capital Corporation Announces RSU Issuances & Stock Option Grant

August 4, 2016 By NewsWire Tagged With: TSX VENTURE:M

CALGARY, Aug. 4, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic” or the “Company“) (TSX-V Symbols: M and M.PR.A) reports that it has issued, as part of its variable incentive compensation program for the 2016 year (the “Plan“), (i) an aggregate of 17,813 restricted securities units (“RSUs“) to an executive officer (14,415 RSUs) and an employee (3,398… [Read More]

Artis Releases Second Quarter Results: Raised $115.0 Million in Equity Offering and Acquired Office Portfolio in Madison, Wisconsin

August 4, 2016 By NewsWire Tagged With: TSX:AX.UN

WINNIPEG, Aug. 4, 2016 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and six months ended June 30, 2016.  All amounts are in thousands of Canadian dollars and are inclusive of Artis’ ownership in investments in joint ventures on a proportionate share basis,… [Read More]

Firm Capital Mortgage Investment Corporation Announces Q2/2016 Results

August 4, 2016 By NewsWire Tagged With: TSX:FC

TSX Symbol FC TORONTO, Aug. 4, 2016 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three and six months ended June 30, 2016. HIGHLIGHTS INCREASE IN PROFITIncome and profit (referred to herein as “Profit”) for the three months ended June 30, 2016 increased by 13% to… [Read More]

InnVest Real Estate Investment Trust Announces Date of Second Quarter Earnings

August 4, 2016 By NewsWire Tagged With: TSX:INN.UN

TORONTO, Aug. 4, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) will release its second quarter results before market opens on Friday, August 12, 2016. About InnVest REITInnVest Real Estate Investment Trust is an unincorporated open-ended real estate investment trust which owns a portfolio of 107 hotels across Canada representing approximately 14,000 guest rooms… [Read More]

Cominar Remains Focused

August 4, 2016 By NewsWire Tagged With: TSX:CUF.UN

QUÉBEC, Aug. 4, 2016 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its results for the second quarter of fiscal 2016. Highlights for the Quarter Ended June 30, 2016 Increased occupancy rate to 92.6% Disposition of income properties for $39.3M “At the operational level, our more aggressive leasing policy… [Read More]

InnVest Real Estate Investment Trust receives regulatory approval of acquisition by Bluesky Hotels and Resorts

August 4, 2016 By NewsWire Tagged With: TSX:INN.UN

TORONTO, Aug 4, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) is pleased to announce that all of the required regulatory approvals have been obtained with respect to the proposed plan of arrangement (the “Arrangement”), pursuant to which Bluesky Hotels and Resorts Inc. has agreed to acquire all of the issued and outstanding units… [Read More]

Brookfield Real Estate Services Inc. Reports Second Quarter Results and Monthly Dividend

August 4, 2016 By NewsWire Tagged With: TSX:BRE

TORONTO, Aug. 4, 2016 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE), a leading provider of services to residential real estate brokers and their REALTORS®1 today announced its second quarter financial results (including its cash flow from operations (“CFFO”)), and the approval of a monthly dividend to holders of the Company’s restricted voting shares…. [Read More]

Granite Announces 2016 Second Quarter Results

August 3, 2016 By NewsWire Tagged With: TSX:GRT.UN

TORONTO, Aug. 3, 2016 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) today announced their combined results for the three and six month periods ended June 30, 2016. HIGHLIGHTS Highlights for the three month period ended June 30, 2016, including events subsequent to the quarter, are set… [Read More]

Firm Capital Property Trust announces closing of the first tranche of the private placement for gross proceeds of $6.3 million and increases the size of the offering up to $10.2 million

August 3, 2016 By NewsWire Tagged With: TSX VENTURE:FCD.UN

TORONTO, Aug. 3, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it has closed the first tranche a non-brokered private placement for $6.3 million and has increased the size of the offering up to $10.2 million consisting of 1,700,000 units of the Trust at a… [Read More]

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