Further expands Colliers Global Investors’ platform in Europe TORONTO and MILAN, Italy, Oct. 07, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today it has entered into an agreement to acquire a controlling interest in Antirion SGR S.p.A., one of the largest real estate investment… [Read More]
Nexus REIT Completes $230.4MM Distribution Centre Acquisition Previously Announced
TORONTO and MONTREAL, Oct. 04, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it completed the previously announced $230.4MM acquisition of three distribution centres on October 1, 2021. “We are pleased to be able to add these high-quality properties to our portfolio in a significantly… [Read More]
CAPREIT Announces Timing Of Third Quarter 2021 Results & Conference Call
TORONTO, Oct. 04, 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 nine months ended September 30, 2021 after markets close on: Tuesday, November 9, 2021 A conference call to discuss the results will be hosted by Mark Kenney,… [Read More]
CAPREIT Acquires Québec City Portfolio & Sells Two Non-Core Properties
TORONTO, Oct. 01, 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 three apartment buildings located in Québec City aggregating 260 residential suites. CAPREIT paid $72.8 million for the portfolio, funded by CAPREIT’s Acquisition and Operating Facility. Residential occupancy… [Read More]
Allied Announces Conference Call to Discuss Third-Quarter Financial Results
TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, October 27, 2021, to discuss financial results for the quarter ended September 30, 2021. The financial results will be released on Tuesday, October 26, 2021, after… [Read More]
FirstService Residential Extends Market Leadership Position in Florida
Acquires Atlantic Pacific Association Management TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired the Condominium Association Management Division of Atlantic | Pacific Companies (“APAM”), a fourth generation real estate organization. Terms of the transaction were… [Read More]
Firm Capital Property Trust Announces the Acquisition of a 40% Interest in a Core Toronto Retail Property With an Institutional Partner for $23.8 Million
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of a 40% interest in a 11,256 square foot single tenant retail property located in Toronto, Ontario. The acquisition price for the property is approximately $23.8 million, excluding transaction costs. The Trust’s… [Read More]
PROREIT Announces Agreements to Acquire 16 Industrial Assets for an Aggregate Purchase Price of $163.2 Million, $60 Million Bought Deal Public Offering of Trust Units and $14 Million Concurrent Private Placement
NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. Acquisition of 16 institutional quality industrial assets comprising total GLA of 1,181,006 square feet PROREIT portfolio to increase to 6.6 million square feet of GLA and approximately $928 million of total assets, pro forma the Transactions Increased exposure to industrial… [Read More]
RioCan Real Estate Investment Trust Schedules Third Quarter 2021 Earnings Release, Conference Call and Webcast
TORONTO, Sept. 27, 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 and nine months ended September 30, 2021 after the market closes on Tuesday, November 9, 2021. Interested parties are invited to participate in a conference call… [Read More]
Nexus REIT Establishes At-The-Market Equity Program
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Sept. 24, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it has established a $50 million at-the-market equity program (the “ATM Program”). The ATM Program allows the REIT to issue,… [Read More]
WPT Industrial Real Estate Investment Trust Announces Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Unitholders Vote FOR the Proposed Transaction with Blackstone Real Estate Income Trust
TORONTO, Sept. 23, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN – OTCQX: WPTIF) is pleased to announce that both Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis and Co., LLC (“Glass Lewis”) have recommended that unitholders of the REIT (the “Unitholders”) vote FOR the special resolution (the… [Read More]
SmartCentres unveils plans for ArtWalk, the new mixed-use art district in the Vaughan Metropolitan Centre
The first phase of ArtWalk, the new art district in SmartCentres’ flagship SmartVMC development, includes three residential buildings within walking distance of transit, urban amenities, and a 9-acre central park. TORONTO, Sept. 23, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) has revealed plans for the next block of SmartCentres’ emerging 100-acre,… [Read More]
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