TORONTO, June 02, 2021 (GLOBE NEWSWIRE) — Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it is in exclusive negotiations to acquire six income-producing properties and four development properties in Canada and the United States at a combined purchase price of approximately C$368.3 million (the “Acquisitions”)…. [Read More]
SmartCentres’ President & CEO Takes Temporary Medical Leave
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that Peter Forde, its President and CEO, has taken a temporary medical leave of absence. During Mr. Forde’s medical leave, Mitchell Goldhar, SmartCentres’ Executive Chairman, will assume Mr. Forde’s responsibilities with the assistance of the rest… [Read More]
Terra Firma Capital Corporation Announces Corrected Notice of Annual Meeting of Shareholders
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) — On May 27, 2021, Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma“), a real estate finance company, filed and mailed to applicable shareholders, a notice of annual meeting of shareholders (the “Notice”). Subsequent to such filing and mailing, Terra Firma identified an inadvertent error in the Notice in… [Read More]
CAPREIT Expands Presence in Strong Montreal Market
TORONTO, May 31, 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 five apartment buildings spread over two properties located in the west end of Montréal, Quebec aggregating 154 residential suites. CAPREIT paid approximately $30.6 million for the two… [Read More]
StorageVault Completes Previously Announced Purchase of Four Storage Assets for $32 Million
TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its March 3, 2021 and April 1, 2021 news releases, it has completed the acquisition of four stores, two located in Alberta and two in Saskatchewan (the “Acquisition”), for an aggregate purchase price of $32,000,000. The… [Read More]
Correction of Press Release May 26, 2021 – RioCan Real Estate Investment Trust Announced Results of Voting at RioCan’s Annual Meeting
TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced a correction to its previously issued press release on May 26, 2021 regarding the voting results at RioCan’s annual meeting. The correction relates to the total number of units represented by unitholders in person or… [Read More]
Brookfield Property Partners Sets Record Date for Special Meeting of Unitholders to Consider Privatization Transaction
BROOKFIELD NEWS, May 27, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (Nasdaq: BPY; TSX: BPY.UN) announced today that the record date for its upcoming special meeting of unitholders to consider Brookfield Asset Management Inc.’s (“BAM”) acquisition of all of the limited partnership units of BPY (“the transaction”) will be June 8, 2021. Only unitholders… [Read More]
Report on Financial Results for the Three Months Ended March 31, 2021
TORONTO, May 27, 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 months ended March 31, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]
RioCan Real Estate Investment Trust Announces Results of Voting at RioCan’s Annual Meeting
TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its May 26, 2021 Annual Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was… [Read More]
First Onsite Expands to New York City
Acquires Maxons Restoration TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired Maxons Restorations, Inc. (“Maxons”). Damon Gersh, CEO of Maxons, and other senior executives have retained a minority interest and will continue to run day-to-day… [Read More]
SmartCentres Declares Distribution for May 2021
TORONTO, May 25, 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 May 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June… [Read More]
Firm Capital Property Trust Announces Strong Start to 2021 With $7.83/Unit Net Asset Value and Realized Gains From Centre Ice Retail Portfolio Dispositions
TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended March 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 72 commercial properties with a total gross leasable area (“GLA”) of 2,313,389 square feet, two multi-residential complexes… [Read More]
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