EDMONTON, Alberta, March 04, 2021 (GLOBE NEWSWIRE) — Annual Highlights Rental revenue of $74.57 million for growth of 5% over 2019. Net rental income of $43.33 million for growth of 2% over 2019. Adjusted cash flow from operations (ACFO) remained stable over 2019 at $18.58 million. ACFO per unit decreased by 3% over 2019 at… [Read More]
FPI Nexus annonce la clôture du placement par prise ferme de 34,9 millions $
/NE PAS DISTRIBUER VIA LES AGENCES DE PRESSE AMERICAINES NI DIFFUSER AUX ÃTATS-UNIS/ MONTRÃAL et TORONTO, 04 mars 2021 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSX : NXR.UN) a annoncé aujourdâhui la clôture du placement public préalablement annoncé (le « Placement ») de parts de fiducie du FPI (les « Parts ») à … [Read More]
Nexus Real Estate Investment Trust Announces Closing of $34.9 Million Bought Deal Equity Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÃAL, March 04, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (âNexusâ or the âREITâ) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the âOfferingâ) of trust units of the REIT (the âUnitsâ) to a… [Read More]
Global Restoration Completes Two Acquisitions
TORONTO, March 04, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (âFirstServiceâ) announced today that its subsidiary, Global Restoration Holdings (âGlobalâ), has recently acquired Spectrum Restoration Services Ltd. (âSpectrumâ) and Trilink Restoration Services, LLC (âTrilinkâ). Terms of the transactions were not disclosed. Spectrum, established in 2006 and based near Edmonton, Alberta, is a… [Read More]
StorageVault to Acquire 15 Storage Locations for $100 Million
TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (âStorageVaultâ) (SVI-TSX-V) has agreed to acquire 15 stores from seven vendor groups (collectively, the âVendorsâ) for an aggregate purchase price of $100,000,000, subject to customary adjustments (the âAcquisitionsâ). Five of the Acquisitions are armâs length and two, totaling $10,700,000, are related party acquisitions (the âRelated… [Read More]
Firm Capital Property Trust Closes Sale of Three Retail Properties for Gross Proceeds of $10.2 Million and a 120% Return
TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) is pleased to announce that it is has recently closed the disposition of its interest in three retail properties totaling 50,824 square feet from its Centre Ice Retail Portfolio (of which it controls 70% of the assets)… [Read More]
RioCan Real Estate Investment Trust Announces Upcoming Departure of Its Chief Financial Officer
TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCan or the âTrustâ) (TSX: REI.UN) today announced that Qi Tang, Senior Vice President and Chief Financial Officer, has decided to pursue other leadership opportunities. Ms. Tang will resign from her current role effective May 12, 2021 as she works with the RioCan… [Read More]
CAPREIT Announces Release of 2020 ESG Report
TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it issued its second annual Environmental, Social, and Governance (âESGâ) Report providing an overview of the companyâs ESG strategies, policies, and commitments, and highlighting the progress made in 2020. âOur ESG initiatives reinforce our commitment to… [Read More]
Brookfield Property Partners Completes 2020 Annual Filings
BROOKFIELD NEWS, March 01, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) announced today that it has filed its 2020 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2020, with the SEC on EDGAR as well as with the Canadian securities authorities on… [Read More]
Colliers to Settle Long-Term Incentive Arrangement and Initiate Orderly Elimination of Dual Class Voting Structure
Jay S. Hennick agrees to continue as Chairman, Chief Executive Officer and Largest Voting Shareholder Largest independent shareholder, holding 14.7% of the outstanding Subordinate Voting Shares, confirms support of Transaction TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (âColliersâ or the âCompanyâ) announced that it has entered into… [Read More]
Colliers ranked among top three commercial real estate brands by Lipsey survey
TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — For the fourth straight year, leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has been named one of the top three global commercial real estate brands by The Lipsey Company in its survey of industry professionals. Colliersâ ranking reaffirms the companyâs commitment to strengthening… [Read More]
Notice of Timbercreek Financial Q4 2020 Results Conference Call
TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) announced today it will host a conference call to discuss its 2020 fourth quarter and full-year financial results on March 9, 2021 at 1:00 p.m. EST. The Company will issue its financial results on March 8, 2021. Q4 2020 CONFERENCE CALL DATE:… [Read More]
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