TORONTO, Sept. 06, 2021 (GLOBE NEWSWIRE) — It is with great sadness that the Board of Trustees of SmartCentres Real Estate Investment Trust (TSX:SRU.UN) announces the death of our colleague and friend, Peter Forde, who had served as an executive of SmartCentres for many years, and most recently as President and CEO, until illness forced… [Read More]
CAPREIT Acquires Remaining 50% Interest in Strong GTA Portfolio
TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of the remaining 50% interest in a portfolio 787 apartment suites and townhouse units located in the Greater Toronto Area. CAPREIT acquired its initial 50% interest on July 31, 2008. The… [Read More]
Allied Announces Closing of Existing Urban Office Component of Jesta Group’s Place Gare Viger in Montréal
TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed the previously announced acquisition of Gare Viger (also known as The Chateau) and the adjacent developable land, representing the existing urban office component of Jesta Group’s Place Gare Viger in Montréal. The forward purchase… [Read More]
Report on Financial Results for the Three and Six Months Ended June 30, 2021
TORONTO, Aug. 26, 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 and six months ended June 30, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS… [Read More]
Harrison Street Brings Alternative Investment Expertise to Canada
First closing of dedicated Canadian fund provides investing capacity of more than CAD$550 million for investments in senior living, student housing, medical office, life sciences, storage, and digital assets CHICAGO and TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced… [Read More]
Parkit to Acquire $13,250,000 Ottawa Property
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
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
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
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
/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
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]
StorageVault Completes Purchase of Two Storage Assets for $8.7 Million
TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its April 14, 2021 and July 8, 2021 news releases (all announced transactions are now closed), it has completed the acquisition of two stores, one in the GTA and one in Alberta, from two vendor groups… [Read More]
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