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Global Restoration Completes Two Acquisitions

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TORONTO, March 04, 2021 (GLOBE NEWSWIRE) —  FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Global Restoration Holdings (“Global”), has recently acquired Spectrum Restoration Services Ltd. (“Spectrum”) and Trilink Restoration Services, LLC (“Trilink”). Terms of the transactions were not disclosed. Spectrum, established in 2006 and based near Edmonton, Alberta, is a… [Read More]

Firm Capital Property Trust Announces 100% Return of Capital For 2020 Distributions

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TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) is pleased to announce that its distributions for 2020 were tax efficient to unitholders as it delivered a 100% return of capital. The Trust would also like to remind investors that distributions have been raised eight times… [Read More]

StorageVault to Acquire 15 Storage Locations for $100 Million

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TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 15 stores from seven vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $100,000,000, subject to customary adjustments (the “Acquisitions”). Five of the Acquisitions are arm’s length and two, totaling $10,700,000, are related party acquisitions (the “Related… [Read More]

Firm Capital Property Trust Closes Sale of Three Retail Properties for Gross Proceeds of $10.2 Million and a 120% Return

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TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) is pleased to announce that it is has recently closed the disposition of its interest in three retail properties totaling 50,824 square feet from its Centre Ice Retail Portfolio (of which it controls 70% of the assets)… [Read More]

RioCan Real Estate Investment Trust Announces Upcoming Departure of Its Chief Financial Officer

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TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan or the “Trust”) (TSX: REI.UN) today announced that Qi Tang, Senior Vice President and Chief Financial Officer, has decided to pursue other leadership opportunities. Ms. Tang will resign from her current role effective May 12, 2021 as she works with the RioCan… [Read More]

CAPREIT Announces Release of 2020 ESG Report

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TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it issued its second annual Environmental, Social, and Governance (“ESG”) Report providing an overview of the company’s ESG strategies, policies, and commitments, and highlighting the progress made in 2020. “Our ESG initiatives reinforce our commitment to… [Read More]

Brookfield Property Partners Completes 2020 Annual Filings

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BROOKFIELD NEWS, March 01, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) announced today that it has filed its 2020 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2020, with the SEC on EDGAR as well as with the Canadian securities authorities on… [Read More]

Colliers to Settle Long-Term Incentive Arrangement and Initiate Orderly Elimination of Dual Class Voting Structure

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Jay S. Hennick agrees to continue as Chairman, Chief Executive Officer and Largest Voting Shareholder Largest independent shareholder, holding 14.7% of the outstanding Subordinate Voting Shares, confirms support of Transaction  TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (“Colliers” or the “Company”) announced that it has entered into… [Read More]

Colliers ranked among top three commercial real estate brands by Lipsey survey

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TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — For the fourth straight year, leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has been named one of the top three global commercial real estate brands by The Lipsey Company in its survey of industry professionals. Colliers’ ranking reaffirms the company’s commitment to strengthening… [Read More]

Notice of Timbercreek Financial Q4 2020 Results Conference Call

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TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today it will host a conference call to discuss its 2020 fourth quarter and full-year financial results on March 9, 2021 at 1:00 p.m. EST. The Company will issue its financial results on March 8, 2021. Q4 2020 CONFERENCE CALL DATE:… [Read More]

StorageVault Reports Fiscal 2020 Annual Results; Highlighting Significant Growth in NOI and FFO; $232.7 Million in Acquisitions; Provides 2021 Outlook; Increases Dividend

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TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) today reported the Corporation’s full year 2020 audited results. Iqbal Khan, Chief Financial Officer, commented: “StorageVault continues to show the resiliency of our business and the strength of our amazing team across the country delivering solid growth in fiscal 2020…. [Read More]

CAPREIT Reports Continued Growth and Strong Operating Performance in 2020

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TORONTO, Feb. 24, 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 months and year ended December 31, 2020. HIGHLIGHTS: For the Year Ended December 31, 2020 2019(5) Portfolio Performance     Overall portfolio occupancy (1) 97.5  % 98.2 … [Read More]