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Lanesborough REIT Announces Sale of Beck Court in Yellowknife

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WINNIPEG, April 21, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has agreed to sell a 120-suite apartment property located in Yellowknife, known as Beck Court, for $23 million, subject to the customary closing adjustments. The sale price of $23 million will be satisfied as follows: Assumption by the… [Read More]

Consolidated HCI Holdings Corporation announces voting results of annual meeting

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WOODBRIDGE, ON, April 21, 2016 /CNW/ – CONSOLIDATED HCI HOLDINGS CORPORATION (the “Company”) announces that all of the nominees proposed as directors and listed in its management information circular dated February 9, 2016 were elected as directors at its annual meeting of shareholders held on March 30, 2016, the results being as follows: Class B… [Read More]

Strong Demand and Limited Supply Keeps Commercial Real Estate Prices High; Sends Investors Looking to Secondary Markets in Canada

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Real Estate Asset Managers Turning to Creative Solutions to Get Higher Yields from Existing Properties MISSISSAUGA, ON, April 21, 2016 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) released today its first quarter 2016 Economic Outlook and Market Fundamentals Report – an analysis of trends and activity in the Canadian investment real estate market. Despite uncertainty in… [Read More]

WPT Industrial REIT Announces Key Lease Renewal

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TORONTO, April 21, 2016 /CNW/ – WPT Industrial Real Estate Investment Trust (the “REIT“) (TSX: WIR.U – OTCQX: WPTIF) announced today that it has renewed a 648,750 square foot lease with CEVA Logistics U.S. Inc., a leading supply chain company and one of the REIT’s top-ten tenants, at the REIT’s distribution property located at 5166 Pleasant Hill… [Read More]

Granite Announces Appointment of Brydon Cruise as New Trustee and Director and Also Announces Normal Course Issuer Bid

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TORONTO, April 20, 2016 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN / NYSE: GRP.U) (“Granite REIT” and “Granite GP“, and, collectively “Granite“) today announced the appointment of Brydon Cruise to their respective Board of Trustees and Board of Directors effective immediately. Brydon Cruise is a senior financial executive with over… [Read More]

NorthWest Healthcare Properties REIT Announces Successful Completion of Public Offering of 6,550,000 Trust Units and Private Placement

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, April 20, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) is pleased to announce the closing of its previously-announced public offering of 6,550,000 trust units (“Units”) of the REIT, on a… [Read More]

BTB will announce its 2016 first quarter financial results on Monday May 9, 2016

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MONTRÉAL, April 20, 2016 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announced today that it will release its financial results for the first quarter 2016, on Monday, May 9, 2016, after closing of the markets. On Tuesday May 10, 2016, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial… [Read More]

Nobel REIT announces April distribution

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MONTREAL, April 19, 2016 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT“) is pleased to announce today a cash distribution of $0.014165 per Trust Unit for the month of April 2016. The distribution will be payable on May 16, 2016 to unitholders of record as at April 29,… [Read More]

True North Commercial REIT Announces Filing of Preliminary Short Form Base Shelf Prospectus

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/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, April 19, 2016 /CNW/ – True North Commercial Real Estate Investment Trust  (TSX: TNT.UN) (the “REIT”) is pleased to announce it has filed a preliminary short form base shelf prospectus (the “Prospectus”) with the securities commissions in each of the provinces and territories of… [Read More]