TORONTO, July 08, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 2 GTA stores from 2 vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $11,122,000, subject to customary adjustments (the “Acquisitions”). Both Acquisitions are arm’s length. It is anticipated that the Acquisitions will close in Q3 2021…. [Read More]
CAPREIT Announces Timing of Second Quarter 2021 Results & Conference Call
TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and six months ended June 30, 2021 after markets close on: Thursday, August 12, 2021 A conference call to discuss the results will be hosted by Mark Kenney,… [Read More]
CAPREIT Grows Presence in Strong MHC Business
TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of two manufactured housing community (“MHC”) properties containing 342 sites in the town of Lakeshore close to Windsor, Ontario. CAPREIT paid approximately $20.6 million for the two properties, funded by cash… [Read More]
ERES REIT Announces Timing of Second Quarter 2021 Results & Conference Call
TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES”) (TSX:ERE.UN) announced today it will issue its financial results for the three and six months ended June 30, 2021 after markets close on: Monday, August 9, 2021 A conference call hosted by Phillip Burns, Chief Executive Officer and Stephen Co, Chief… [Read More]
Nexus REIT Completes $44MM Acquisition of Industrial Properties
TORONTO and MONTREAL, July 05, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has completed the $44MM acquisition of two industrial properties located in Calgary, Alberta and Headingley (Winnipeg), Manitoba. The properties are tenanted by Valard Construction, a large utility contractor. The Calgary property, located at… [Read More]
Nexus REIT Announces Entering Into Purchase and Sale Agreement and Annual Meeting Voting Results
TORONTO and MONTREAL, June 30, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has entered into a conditional agreement to acquire a 189,625 square foot single-tenant industrial warehouse property in Red Deer, Alberta for $19.75MM. Subject to satisfactory completion of due diligence, the acquisition is expected… [Read More]
RioCan Real Estate Investment Trust Schedules Second Quarter 2021 Earnings Release, Conference Call and Webcast
TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial results for the three months ended June 30, 2021 before the market opens on Thursday, August 5, 2021. Interested parties are invited to participate in a conference call with management… [Read More]
WPT Industrial Real Estate Investment Trust Announces Results of Voting for Trustees and Amendments to its Declaration of Trust at Annual and Special Meeting of Unitholders
This news release constitutes a “designated news release” for the purposes of the REIT’s prospectus supplement dated September 4, 2020 to its short form base shelf prospectus dated December 5, 2019 TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN – OTCQX: WPTIF) announced today the… [Read More]
StorageVault Announces $50 Million Bought Deal Offering of 5.50% Senior Unsecured Hybrid Debentures
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Scotiabank and CIBC Capital Markets as Joint Bookrunners,… [Read More]
RioCan Establishes Additional Sources of Capital and Income Streams Through a New Partnership Structure for its Mixed-used Residential Condominium Projects
Capitalizing on value-rich pipeline and fully-integrated in-house development platform TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:REI.UN) is pleased to announce a new strategic approach for the development of its mixed-use residential condominium (“Condo”) projects, which provides additional sources of capital and alternative income streams for… [Read More]
CAPREIT Expands Presence in Strong London Ontario and Victoria B.C. Markets
TORONTO, June 25, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of seven apartment buildings aggregating 548 residential suites in London, Ontario (the “London Portfolio”), as well as a portfolio of six apartment buildings aggregating 335 residential suites in… [Read More]
ERES REIT Kick Starts 2021 Growth With Two Multi-Residential Acquisitions in the Netherlands for Combined €47MM
TORONTO, June 25, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into purchase agreements to acquire two multi-residential properties in the Netherlands. The first property, located at the Velperweg, east of the city centre of Arnhem (the “Villa Property”), is comprised of… [Read More]
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