All amounts are in US Dollars unless otherwise stated.TORONTO, Feb. 08, 2022 (GLOBE NEWSWIRE) — Firm Capital Apartment REIT (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) is pleased to announce the acquisition of the 50% interest that it does not already own from its unrelated third-party partner in the Trust’s Equity Accounted Investment located in Houston, Texas for $4.1… [Read More]
Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Feb. 08, 2022 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit,… [Read More]
Slate Office REIT Completes Acquisition of C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 07, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of… [Read More]
Melcor REIT announces new leases comprising over 40,000 sf
EDMONTON, Alberta, Feb. 04, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that it has entered into leases with two tenants for over 40,000 sf in two properties. Andrew Melton, CEO of the REIT, commented: “Our practice is to intentionally fill vacancies with strategic, diversified tenants that… [Read More]
Melcor Developments Ltd. appoints new Board member
EDMONTON, Alberta , Feb. 01, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the appointment of Janet Riopel, ICD.D to its Board of Directors, effective February 1, 2022. Ms. Riopel brings extensive board experience in private, public, and non-profit sectors. She is the… [Read More]
Allied Announces Fourth-Quarter and Year-End Results
TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2021. “2021 was a strong year operationally and financially for Allied,” said Michael Emory, President & CEO. “FFO per unit came in at $2.405 and AFFO per… [Read More]
ERES REIT Commences 2022 Growth With €65MM in Acquisitions in The Netherlands
TORONTO, Jan. 31, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has completed the acquisition of 45 residential suites, 3 commercial units and 26 parking spaces located in Rijswijk, the Netherlands (the “De Generaal 2 Property”), and has also entered into an agreement to… [Read More]
Slate Office REIT Announces High Court Approval to Acquire C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of… [Read More]
RioCan Real Estate Investment Trust To Host 2022 Virtual Investor Day on February 23, 2022
TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announced that it will host its 2022 Virtual Investor Day on Wednesday, February 23, 2022 at 1:00 PM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s current operations, recent developments, and… [Read More]
StorageVault Announces Graduation to the Toronto Stock Exchange
TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its December 8, 2021 news release, StorageVault’s common shares, its 5.75% senior unsecured hybrid debentures and its 5.50% senior unsecured hybrid debentures will be listed and commence trading on the Toronto Stock Exchange (the “TSX”) at… [Read More]
CAPREIT Expands Presence in Strong British Columbia Market
TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-storey 59-suite apartment and townhouse property located in downtown Kelowna, British Columbia. The property, completed in the spring of 2021, was acquired for $29.5 million, funded by CAPREIT’s Acquisition… [Read More]
Nexus REIT Announces January and February Distributions
TORONTO and MONTREAL, Jan. 24, 2022 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the January and February 2022 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable February… [Read More]
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