TORONTO, Feb. 3, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the fourth quarter and year-ended December 31, 2015 after the close of markets on Wednesday, March 2, 2016. Granite will hold a conference call on Thursday, March 3, 2016 at 8:30 a.m…. [Read More]
Morguard North American Residential REIT Acquires Ottawa Apartment Building for $67 Million
MISSISSAUGA, ON, Feb. 3, 2016 /CNW/ – Morguard North American Residential REIT (“the REIT”) (TSX: MRG.UN) today announced that it has purchased 160 Chapel Street, a rental apartment building in Ottawa, ON, for $67 million, exclusive of closing costs. The 21-storey, 370 suite property is the first Canadian acquisition for the Trust since its IPO… [Read More]
Empowering Children to Build Stronger Communities across Canada
Genworth Canada Announces Winners of 2015 Meaning of Home Contestin Support of Habitat for Humanity Canada TORONTO, Feb. 3, 2016 /CNW/ – Habitat for Humanity Canada’s Indigenous Housing Program and Habitat for Humanity Heartland Ontario will each receive a $25,000 grant from Genworth Canada towards the build of a new Habitat home, thanks to Grade… [Read More]
InnVest Real Estate Investment Trust announces date of fourth quarter earnings
TORONTO, Feb. 2, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) will release its fourth quarter results on Friday, March 11, 2016 to be followed by a conference call and live audio webcast at 11:00 am Eastern Time. Investors are invited to access the call by dialing 416-764-8688 or 1-888-390-0546. You will be required… [Read More]
InnVest Real Estate Investment Trust Completes Acquisition of the Ottawa Marriott Hotel
TORONTO, Feb. 1, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”) (TSX:INN.UN) announced today it has completed the previously announced acquisition of the Ottawa Marriott Hotel located in downtown Ottawa, Ontario for a purchase price of $115 million or $235,000 per room. The agreements related to the purchase include a limited income… [Read More]
True North Commercial REIT initiates program for LEED®-EB Gold at largest asset
REIT to implement a LEED®-EB Gold Retro Commissioning Certification Plan for 340 Laurier Avenue West, Ottawa, Ontario /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Feb. 1, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is excited to announce an initiative designed to reduce its carbon footprint… [Read More]
Temple Hotels Inc. announces the suspension of dividend for 2016
WINNIPEG, Jan. 29, 2016 /CNW/ – The Board of Directors of Temple Hotels Inc. (“Temple”) (TSX: TPH) announced today that it has decided to suspend the quarterly dividend of $0.025 per share on Temple’s common shares. The significant and sustained decline in oil prices has resulted in continued deterioration in market conditions in Alberta (and… [Read More]
Milestone Apartments REIT Announces Closing of US$502 Million Landmark Property Portfolio Acquisition and the Issuance of 9,591,000 REIT Units in Exchange for Subscription Receipts
– Transaction Adds 4,172 Apartment Units to REIT Portfolio and Establishes Strategic Relationship with Starwood Capital Group, Increasing Property Management Platform to Over 50,000 Units – /NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and DALLAS, Jan. 27, 2016 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”… [Read More]
Zaio Corporation Announces Completion of Debenture Financing for Gross Proceeds of $1.58 million, Executive Employment Matters and Reports the Early Conversion of Debentures and Concurrent Exercise of Warrants
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ CALGARY, Jan. 26, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (“Zaio” or the “Company”) is pleased to announce that it has closed approximately $1.585 million in gross… [Read More]
Pure Multi-Family REIT LP Announces a US$117.5 Million Property Portfolio Acquisition
VANCOUVER, Jan. 25, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) announced today that it has entered into an agreement to acquire two multi-family apartment communities, located in San Antonio, Texas (collectively the “TPC Portfolio”), for a combined purchase price of US$117,500,000. The TPC Portfolio consists of… [Read More]
Inovalis Real Estate Investment Trust Announces Q4 2015 Financial Results Release Date, Webcast and Conference Call
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Jan. 25, 2016 /CNW/ – Inovalis Real Estate Investment Trust (“Inovalis REIT” or the “REIT”) (TSX: INO.UN) will be releasing its financial results for the three and twelve months ended December 31, 2015, on Tuesday, March 22, 2016. Inovalis REIT invites you… [Read More]
American Hotel Income Properties REIT LP Announces Change to U.S. Dollar Denominated Cash Distributions and Timing of Release of 2015 Annual Financial Results and Conference Call
VANCOUVER, Jan. 22, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that its Board of Directors has approved a change to U.S. dollar denominated cash distributions (based on the Bank of Canada’s closing U.S. dollar exchange rate as at January 22, 2016). The change will take effect for… [Read More]
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