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Chartwell Announces a Public Offering of $175 Million of Trust Units

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Not for distribution to U.S. newswire services or for dissemination in the United States MISSISSAUGA, Ontario, Aug. 16, 2021 (GLOBE NEWSWIRE) — Chartwell Retirement Residences (TSX:CSH.UN) (“Chartwell” or the “Trust”) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets and CIBC World… [Read More]

Nexus Real Estate Investment Trust Announces the Acceleration of Its Transition to a Pure Play Canadian Industrial REIT Through $359 Million of Acquisitions and $75 Million Public Offering of Trust Units

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 16, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) announced today that it has waived conditions on the acquisition of a portfolio of three distribution centres located in Saskatchewan and New Brunswick… [Read More]

Allied Announces August 2021 Distribution

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TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1417 per unit for the month of August 2021, representing $1.70 per unit on an annualized basis. The distribution will be payable on September 15, 2021, to unitholders of record as… [Read More]

Firm Capital Property Trust Announces Strong Second Quarter Results and $8.15/Unit NAV

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TORONTO, Aug. 16, 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 June 30, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 63 commercial properties with a total gross leasable area (“GLA”) of 2,266,676 square feet, four multi-residential complexes… [Read More]

ERES REIT Declares August 2021 Monthly Distribution

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TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the August 2021 monthly cash distribution of €0.00917 per Unit and Class B LP Unit (the “August Distribution”), being equivalent to €0.110 per Unit annualized. The distribution will… [Read More]

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]