TORONTO, Sept. 2, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has completed the previously-announced acquisition of the Hotel Saskatchewan located in downtown Regina for a net purchase cost of approximately $37.0 million, or $163,000 per room. The purchase will be satisfied with available cash on hand following the… [Read More]
Slower Growth Points to Continued Soft Landing in Condo Market
Conference Board of Canada Summer 2015 Metropolitan Condo Outlook TORONTO, Sept. 2, 2015 /CNW/ – Slowing GDP and job growth will have a moderating effect on Canada’s condo market, easing fears of overheating markets and further reinforcing the prospects of a soft landing, even as regional markets vary widely due to differing economic conditions according to… [Read More]
Global Real Estate Dividend Growers Corp. Distributions
CALGARY, Sept. 1, 2015 /CNW/ – Middlefield Group is pleased to announce that distributions for 2015 will be payable to shareholders of Global Real Estate Dividend Growers Corp. as follows: Record Date Payable Date Distribution Per Equity Share September 10, 2015 September 15, 2015 $0.05 September 30, 2015 October 15, 2015 $0.05 October… [Read More]
Firm Capital Property Trust announces closing of a 70% interest in an industrial portfolio and confirmation of 5% distribution increase
TORONTO, Aug. 31, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of its previously announced acquisition of a 70% interest in seven industrial buildings located in Waterloo, Ontario (the “Portfolio”). The acquisition price for 100% of the Portfolio is approximately $43.3 million, excluding transaction… [Read More]
American Hotel Income Properties REIT LP Announces Additional Gross Proceeds of Cdn$4.3 Million from Partial Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Aug. 31, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today additional gross proceeds of approximately Cdn$4.3 million from the completion of the partial exercise of the over-allotment option (the “Over-Allotment Option“) in… [Read More]
OneCap Investment Corporation announces the cancellation of its proposed qualifying transaction
MONTREAL, Aug. 28, 2015 /CNW Telbec/ – OneCap Investment Corporation (TSXV: OIC.H) (“OneCap” or the “Corporation“), a capital pool company as defined under Policy 2.4 â Capital Pool Companies of the TSX Venture Exchange (the “Exchange“) announced today the cancellation of its proposed qualifying transaction to acquire of a 50% interest in the MTS Data… [Read More]
Agellan Commercial Real Estate Investment Trust Announces Departure of its President
Derek Dermott To Step Down /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES/ TORONTO, Aug. 28, 2015 /CNW/ – Agellan Commercial Real Estate Investment Trust today announced that its President Derek Dermott has stepped down by mutual agreement with the REIT’s Board of Trustees. Mr. Dermott assumed the… [Read More]
Nobel REIT announces filing of results for the quarter ended June 30, 2015, grants unit options and announces an agreement to acquire 72 rue Laval in Gatineau
MONTREAL, Aug. 28, 2015 /CNW Telbec/ – (TSXV: NEL.UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended June 30, 2015. According to the President and Chief Executive of Nobel REIT, Jean Teasdale, “Nobel REIT… [Read More]
Zaio Corporation Announces Q2 2015 Financial Results
CALGARY, Aug. 28, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), today announced its second quarter (Q2) financial results for the three and six month periods ended June 30, 2015. “The second quarter represents an inflection point, culminating with the closing of the Valuation Vision transaction and the filing of the Business… [Read More]
Normal course issuer bid and amendment to Distribution Reinvestment Plan
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ QUÃBEC CITY, Aug. 28, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (TSX: CUF.UN) announced today that it has received approval of the Toronto Stock Exchange, to proceed with a normal course issuer bid and to amend its Distribution Reinvestment Plan. NORMAL… [Read More]
BTB acquires two properties in Ottawa
MONTRÃAL, Aug. 27, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) is proud to announce, following the conclusion of a due diligence process, the purchase of two office buildings in the city of Ottawa. This $28.5 million accretive transaction now brings to 75 the number of properties owned… [Read More]
NewNorth announces results for the six months ended June 30, 2015
CALGARY, Aug. 27, 2015 /CNW/ – NewNorth Projects Ltd. (“NewNorth”) (TSXV:NNP) today announced its financial results for the six months ended June 30, 2015. Mr. Greg Herndier, President and Chief Executive Officer of NewNorth, reports a net loss after tax for the period ended June 30, 2015 is $297,000. After tax loss per share, basic… [Read More]
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