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StorageVault Completes Purchase of Two GTA Storage Assets for $8.2 Million

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TORONTO, July 28, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its March 3, 2021 (all transactions from this news release are now closed) and July 8, 2021 news releases, it has completed the acquisition of two stores in the GTA from two vendor groups (the “Acquisitions”),… [Read More]

Melcor REIT announces second quarter 2021 results, announces 14% increase to August and September distributions

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EDMONTON, Alberta, July 27, 2021 (GLOBE NEWSWIRE) — Key Figures Rental revenue was steady at $17.98 million in the quarter, $37.46 million year-to-date; Net operating income was stable at $11.58 million in the quarter, $24.21 million year-to-date; Adjusted cash flow from operations (ACFO) was up 5% to $4.96 million or $0.17 per unit over Q2-2020; 10%… [Read More]

Allied Announces Second-Quarter Results

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TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2021. “Our operating and leasing momentum continued to accelerate in the second quarter,” said Michael Emory, President & CEO. “FFO and AFFO per unit rose to record levels of 60.2… [Read More]

Brookfield Asset Management Completes Privatization of Brookfield Property Partners

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All dollar references are in U.S. dollars, unless noted otherwise1 BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced that BAM has completed its previously announced acquisition of all of the limited partnership units of… [Read More]

StorageVault Announces Full Exercise of Over-Allotment Option

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, in connection with its previously announced bought deal offering (the “Offering”) of listed senior unsecured hybrid debentures (the “Debentures”), the underwriters have exercised their over-allotment… [Read More]

Timbercreek Financial Declares July 2021 Dividend

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TORONTO, July 23, 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 August 13, 2021 to holders of Common Shares of record on… [Read More]

Brookfield Property Partners Announces Results of Unitholder Elections in Privatization Transaction

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All dollar references are in U.S. dollars, unless noted otherwise1 BROOKFIELD NEWS, July 23, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced the results of unitholder elections in Brookfield Asset Management Inc.’s (“BAM”) acquisition of all of the limited partnership units of BPY (the “transaction”). Pursuant to the… [Read More]

RioCan Real Estate Investment Trust appoints Dennis Blasutti as new Chief Financial Officer

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TORONTO, July 22, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced the appointment of Dennis Blasutti as Chief Financial Officer of RioCan, effective September 7, 2021. Mr. Blasutti joins RioCan from Brookfield Asset Management where he most recently served as Managing Director, Infrastructure, and Chief Financial Officer for Enwave… [Read More]

SmartCentres Declares Distribution for July 2021

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TORONTO, July 21, 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 July 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on August… [Read More]

Colliers appoints new Chief Executive Officer for India business

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Ramesh Nair joins Colliers as Chief Executive Officer, India and Managing Director, Market Development, Asia to accelerate the growth of Colliers TORONTO and GURGAON, India, July 20, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) announced today the appointment of Ramesh Nair as the Chief Executive Officer (CEO) for… [Read More]