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Parkit to Acquire $13,250,000 Ottawa Property

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TORONTO, Aug. 25, 2021 (GLOBE NEWSWIRE) — PARKIT ENTERPRISE INC. (“Parkit”) (PKT-TSXV) is pleased to announce that it has agreed to acquire a class A industrial property in Ottawa. Acquisition of Ottawa Property Parkit has entered into an asset purchase agreement, with an arms length vendor (the “Vendor”), pursuant to which Parkit has agreed to… [Read More]

Firm Capital Apartment REIT Announces Voting Results at Annual and Special Meeting

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TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to report that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes… [Read More]

Timbercreek Financial Declares August 2021 Dividend

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TORONTO, Aug. 24, 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 September 15, 2021 to holders of Common Shares of record on August… [Read More]

SmartCentres Declares Distribution for August 2021

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TORONTO, Aug. 24, 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 August 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on September… [Read More]

Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate… [Read More]

Firm Capital Property Trust Announces the Closing of the Previously Announced Acquisition of a 50% Interest in a 242 Unit Condominium Manufactured Housing Community for $10.7 Million

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TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of a 50% interest in a 242 unit condominium Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The… [Read More]

Melcor announces retirement of CEO at end of 2021

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EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that Darin Rayburn, President and Chief Executive Officer, will be retiring from the company on December 31, 2021. Tim Melton, Chairman of Melcor’s Board of Directors commented: “On behalf of the… [Read More]

First Onsite Property Restoration Further Broadens Geographic Footprint

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Acquires Complete DKI and Moore Restoration TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired Complete DKI (“Complete”) and Moore Restoration, Inc. (“Moore”). Terms of the two transactions were not disclosed. Headquartered in Pensacola, Florida, Complete… [Read More]

Halmont Properties Corporation Second Quarter Results

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TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the six months ended June 30, 2021, was $1,403,000 as compared to net income of $1,624,000 for the six months ended June 30, 2020. (thousands) Six months ended   June… [Read More]

Terra Firma Capital Declares Quarterly Dividend

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TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on October 15, 2021, to shareholders of record as of the close of business on September 30, 2021…. [Read More]