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CAPREIT Expands Presence in Strong British Columbia Market

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TORONTO, Sept. 07, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a portfolio of four brand new low rise apartment buildings in West Kelowna, British Columbia totaling 193 suites. The property, completed in 2021, was acquired for $63.3 million, funded from… [Read More]

SmartCentres’ CEO

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TORONTO, Sept. 06, 2021 (GLOBE NEWSWIRE) —  It is with great sadness that the Board of Trustees of SmartCentres Real Estate Investment Trust (TSX:SRU.UN) announces the death of our colleague and friend, Peter Forde, who had served as an executive of SmartCentres for many years, and most recently as President and CEO, until illness forced… [Read More]

CAPREIT Acquires Remaining 50% Interest in Strong GTA Portfolio

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TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of the remaining 50% interest in a portfolio 787 apartment suites and townhouse units located in the Greater Toronto Area. CAPREIT acquired its initial 50% interest on July 31, 2008. The… [Read More]

Allied Announces Closing of Existing Urban Office Component of Jesta Group’s Place Gare Viger in Montréal

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TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed the previously announced acquisition of Gare Viger (also known as The Chateau) and the adjacent developable land, representing the existing urban office component of Jesta Group’s Place Gare Viger in Montréal.   The forward purchase… [Read More]

Report on Financial Results for the Three and Six Months Ended June 30, 2021

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TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and six months ended June 30, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS… [Read More]

Harrison Street Brings Alternative Investment Expertise to Canada

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First closing of dedicated Canadian fund provides investing capacity of more than CAD$550 million for investments in senior living, student housing, medical office, life sciences, storage, and digital assets CHICAGO and TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced… [Read More]

Parkit to Acquire $13,250,000 Ottawa Property

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TORONTO, Aug. 25, 2021 (GLOBE NEWSWIRE) — PARKIT ENTERPRISE INC. (“Parkit”) (PKT-TSXV) is pleased to announce that it has agreed to acquire a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the “Vendor”), pursuant to which Parkit has agreed to… [Read More]

Firm Capital Apartment REIT Announces Voting Results at Annual and Special Meeting

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TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to report that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes… [Read More]

Timbercreek Financial Declares August 2021 Dividend

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TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2021 to holders of Common Shares of record on August… [Read More]

SmartCentres Declares Distribution for August 2021

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TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on September… [Read More]

Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate… [Read More]