OAKVILLE, ON, Jan. 28, 2015 /CNW/ – Mattamy Group Corporation (“Mattamy”) is pleased to announce the formal closing of its agreement to purchase Monarch Corporation (“Monarch”), the Canadian division of US homebuilder Taylor Morrison Home Corporation (NYSE: TMHC). The net cash purchase price of CAD$335 million was determined based on the December 31, 2014 Monarch… [Read More]
WPT Industrial REIT announces completion of its previously announced public offering of trust units
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Jan. 28, 2015 /CNW/ – WPT Industrial Real Estate Investment Trust (TSX:WIR.U) (the “REIT”) announced today that it has completed its previously announced public offering of trust units of the REIT (“Units”) with a syndicate of underwriters, co-led by RBC Capital Markets… [Read More]
Zaio Receives Approval From the TSX Venture Exchange to Terminate the National License Agreement with Zone Data Systems
CALGARY, Jan. 28, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) is pleased to announce that it has received conditional approval from the TSX Venture Exchange to terminate the National License Agreement (“NLA”) with Zone Data Systems, LLC (“ZDS”). The Company expects to close the transaction within two weeks. Termination of the NLA… [Read More]
Pure Industrial Real Estate Trust Provides Update on U.S. Development Projects
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Jan. 26, 2015 /CNW/ – Pure Industrial Real Estate Trust (“PIRET”) (TSX: AAR.UN) announced today the completion of a previously announced purpose-built 199,865 square foot high-volume distribution centre located in Austin, Texas. The Austin property is part of an… [Read More]
Regal Lifestyle Communities Inc. Fourth Quarter 2014 Results and Conference Call
TORONTO, Jan. 26, 2015 /CNW/ – Regal Lifestyle Communities Inc. (“Regal”) (TSX:RLC) will issue its financial results for the three and twelve months ended December 31, 2014 on the afternoon of February 20, 2015. Simon Nyilassy, President and Chief Executive Officer and Harold Atterton, Chief Financial Officer, will host a conference call on Monday, February 23,… [Read More]
Summit Industrial Income REIT to Acquire Four Greater Toronto Area Industrial Properties
TORONTO, Jan. 26, 2015 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its customary due diligence and waived certain conditions to acquire the previously-announced portfolio of four single-tenant properties located in the Greater Toronto Area (GTA) totaling 339,404 square feet of Gross Leasable Area (GLA) for… [Read More]
Cominar Real Estate Investment Trust to Announce its Fourth Quarter and Year-End 2014 Results on February 26, 2015
QUÃBEC CITY, Jan. 26, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2014 on Thursday, February 26, 2015. Management will also hold a conference call on the same day at… [Read More]
Holloway Lodging Corp. announces sale of Ramada® hotel in Trenton, ON
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Jan. 26, 2015 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) announces that it has sold the Ramada® hotel located in Trenton, Ontario. The sale price for the hotel was $4.0 million. Holloway acquired the hotel through its acquisition… [Read More]
Mainstreet Grows B.C. Portfolio with 331 Unit Acquisition
CALGARY, Jan. 26, 2015 /CNW/ – Mainstreet Equity Corporation (TSX: MEQ) (“Mainstreet” or the “Company”), announced today that it has completed the acquisition of a 331-unit, five-building rental apartment complex (the “Property”) in the Greater Vancouver Area (“Vancouver”). Located in the Vancouver suburb of Surrey, British Columbia, this Property was purchased for $33.7 million which… [Read More]
Northern Property REIT Announces Timing of Fourth Quarter & Full Year 2014 Earnings
CALGARY, Jan. 23, 2015 /CNW/ – Northern Property Real Estate Investment Trust (NPR.UN) will release its fourth quarter & full year 2014 earnings on March 11, 2015, to be followed by a conference call on March 12, 2015, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Participating on the call will be Mr. Todd Cook… [Read More]
American Hotel Income Properties REIT LP commences new railway growth strategy
VANCOUVER, Jan. 23, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the commencement of a new railway growth strategy involving the construction of additional guestrooms at existing, high occupancy Oak Tree Inn railway hotels. The first opportunity involves a commitment with SunOne Developments Inc. (“SunOne“) to construct a… [Read More]
Morguard REIT announces normal course issuer bid
MISSISSAUGA, ON, Jan. 22, 2015 /CNW/ – Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading platforms. The notice provides that Morguard may, during the twelve month… [Read More]