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Parkit Announces Acquisition of Neighbouring Industrial Property in Toronto, Ontario for $3.6 Million and Completion of Continuance to Ontario

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TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV:PKT), is pleased to announce the proposed purchase of a neighbouring industrial real estate asset and that it has filed its articles of continuance to continue Parkit out of the Province of British Columbia and into the Province of Ontario under… [Read More]

CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2021

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TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and six months ended June 30, 2021. HIGHLIGHTS:   Three Months Ended Six Months Ended   June 30, June 30,   2021 2020 2021 2020 (5) Portfolio… [Read More]

Nexus REIT Announces Q2 2021 Results

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TORONTO and MONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended June 30, 2021. Highlights Occupancy of 95% at June 30, 2021, increased from 94% at March 31, 2021 and June 30, 2020. Completed a total of $148.3MM of industrial… [Read More]

SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2021

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Maintained $1.85 per unit annualized distribution; Portfolio continues to provide recurring income with an occupancy rate of 97.1%; Non-retail pipeline reaches 55 million square feet across the network (inclusive of partners’ share); Average collection levels across the portfolio approximate 95% for the quarter; Approximately 70% of the 631 unit presold condominium units at Transit City… [Read More]

European Residential REIT Announces Second Quarter 2021 Results

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TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2021. SECOND QUARTER 2021 HIGHLIGHTS On June 30, 2021, the REIT closed on two acquisitions of multi-residential properties in the Netherlands for a… [Read More]

Allied Announces Closing of $500 Million Green Bond Offering

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has closed its previously announced offering of $500 million aggregate principal amount of series I senior unsecured debentures (the “Debentures”). The Debentures… [Read More]

Timbercreek Financial Announces 2021 Second Quarter Results

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TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2021 (“Q2 2021”). Q2 2021 Highlights Delivered distributable income of $16.1 million and adjusted distributable income of $15.4 million or $0.19 per share and paid $14.0 million… [Read More]

StorageVault Reports 2021 Second Quarter Results and Increases Dividend

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TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2021 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Strong fundamentals combined with the dedication from our amazing team resulted in exceptional same store performance, with 22.5% year over year increase in… [Read More]

Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Aug. 05, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2021. Year-to-date revenue was up 49% to $108.82 million compared to the first half of 2020. Strong market demand for new homes… [Read More]

Northview Canadian High Yield Residential Fund Announces Q2 2021 Financial Results

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Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and six months ended June 30, 2021. All amounts in this news release are… [Read More]