TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.1825 per Common Share and declared a quarterly dividend of US$0.2025 per Common… [Read More]
Colliers Reports Very Strong Fourth Quarter Results
Growth across all services, geographies drives full year revenue to exceed $4 billion milestone Fourth quarter and full year operating highlights: Three months ended Twelve months ended December 31 December 31 (in millions of US$, except EPS) 2021 2020 2021 2020 … [Read More]
RioCan's 2021 Results Reflect Quality of Portfolio and Tenants
Net income of $598.4 million and FFO per unit 1 of $1.60 Distribution increase of 6.25% to $1.02 per unit annually effective February 2022 TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) announced today its financial results for the three months and year ended December 31, 2021 (the… [Read More]
Colliers names Poonam Puri to its Board of Directors
New Board member adds expertise in corporate governance, strategy and ESG TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) announced the appointment of Poonam Puri to its Board of Directors. Puri is a tenured law professor and former associate dean at Osgoode Hall… [Read More]
Firm Capital Apartment REIT Announces Acquisition of Controlling Interest in Houston, Texas Joint Venture and 4.2% Distribution Increase
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]
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