Multi-suite residential rental fundamentals will gradually strengthen during 2022, as demand is bolstered by increased immigration and loosening of pandemic restrictions Office property investment activity remained relatively muted over the recent past, due primarily to the sector’s somewhat uncertain outlook. Industrial real estate is predicted to continue outperforming in 2022, keeping with the trend of… [Read More]
EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103 – JOHN S. BAILEY REPORTS UNITHOLDINGS IN BSR REAL ESTATE INVESTMENT TRUST
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ LITTLE ROCK, Ark. and TORONTO, Dec. 21, 2021 /CNW/ – This press release is being disseminated as required by National Instrument 62â103 – The Early Warning System and Related Take Over Bids and Insider Reporting Issues (“NI 62-103”) in connection… [Read More]
Genesis Land Development Corp. Announces Closing of $30 Million Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./ CALGARY, AB, Dec. 20, 2021 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (“Genesis”, the “Company” or “we”) today announced the closing of its previously announced rights offering (the “Rights Offering”)… [Read More]
R&R REIT Issues Units to its Non-Executive Trustees and Deferred Units to an Executive Officer
MISSISSAUGA, ON, Dec. 20, 2021 /CNW/ – R&R Real Estate Investment Trust (TSXV: RRR.UN) (the “REIT”) announces today that it has issued 1,525,200 trust units to its non-executive trustees at an average price of $0.05 per trust unit in accordance with the REIT’s Non-Executive Trustee Issuance Plan, pursuant to which non-executive trustees can elect to… [Read More]
ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES SPECIAL DISTRIBUTION OF $2.39 PER TRUST UNIT
WINNIPEG, MB, Dec. 20, 2021 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced that its trustees have declared a special distribution of $2.39 per trust unit (“Unit”), which will comprise of $0.32 per Unit payable in cash and $2.07 per Unit payable in Units. This special distribution is in addition… [Read More]
Invesque Inc. Announces Normal Course Issuer Bids
TSX: IVQ.U, IVQ and IVQ.DB.V TORONTO, Dec. 20, 2021 /CNW/ – Invesque Inc. (“Invesque“) (TSX: IVQ.U), (TSX: IVQ) and (TSX: IVQ.DB.V) today announced that the Toronto Stock Exchange has approved its notices of intention to make a normal course issuer bid for a portion of its common shares (“Shares“) and a portion of its 6.00% convertible… [Read More]
Morguard Real Estate Investment Trust Announces Special Distribution
MISSISSAUGA, ON, Dec. 17, 2021 /CNW/ – Morguard Real Estate Investment Trust (the “Trust”) (TSX: MRT.UN) today announced that it has declared a special distribution of $0.115 per unit. The distribution will be payable in units ($0.10 per unit) and cash ($0.015 per unit) to all unitholders of record as at December 31, 2021. The… [Read More]
Starlight Investments Acquires Ontario Portfolio Totalling 1,106 Multi-Residential Units to Complete 2021 Canadian Multi-Family Acquisition Program
TORONTO, Dec. 17, 2021 /CNW/ – Starlight Investments (“Starlight”) announced today that it has completed its 2021 Canadian multi-family acquisition program with the purchase of a high-quality portfolio consisting of 68 properties totalling 1,106 units located in Southwestern Ontario. The portfolio includes 67 apartment buildings and one townhome complex including 69 units collectively spanning 43.57… [Read More]
PROREIT ANNOUNCES DECEMBER 2021 DISTRIBUTION
MONTREAL, Dec. 16, 2021 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of December 2021 will be payable on January 17, 2022 to unitholders of record as at December 31, 2021. About PROREIT… [Read More]
Flagship Communities Real Estate Investment Trust Completes Acquisition of Kentucky and Arkansas MHCs
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 16, 2021 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX: MHC.U) announced today it has completed the previously-announced acquisition (collectively, the “Acquisitions”) of three high-quality manufactured housing communities (“MHCs”) from two separate vendor groups comprising 957 lots for… [Read More]
MARWEST REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, Dec. 15, 2021 /CNW/ – Marwest Apartment Real Estate Investment Trust (“Marwest Apartment REIT” or the “REIT”) (TSXV: MAR.UN) announced that its Trustees have declared a monthly cash distribution of $0.00125 per trust unit (“Trust Unit”) of the… [Read More]
Summit Industrial Income REIT Announces December 2021 Cash Distribution
TORONTO, Dec. 15, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.047 per Unit cash distribution to be paid on January 14, 2022, to Unitholders of record on December 31, 2021. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]
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