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
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
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
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
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]
Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO and BPYPN preferred units of $0.40625 per unit, $0.39844 per unit… [Read More]
RioCan's Second Quarter Results Demonstrate Strength and Recovery Momentum
Robust leasing activity with 1.4 million sq. ft. of new and renewed leases with new leasing spread of 9.2% and blended leasing spread of 5.4%; Continued improvements in committed occupancy to 96.1% up 30 bps from Q1 2021; Net income of $145.3 million, an improvement over the same period last year; FFO/unit improved to $0.40 from… [Read More]
Firm Capital Property Trust Announces the Acquisition of a 50% Interest in 242 Unit Condominium Manufactured Housing Community for $10.7 Million
TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in a 242 condominium unit Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The acquisition price for 100% of… [Read More]
Colliers Reports Robust Second Quarter Results
Strong momentum prompts further increase to 2021 financial outlook Operating highlights: Three months ended Six months ended June 30 June 30 (in millions of US$, except EPS) 2021 2020 2021 2020 … [Read More]
RioCan and BentallGreenOak expand on strategic partnership with agreement to co-invest in a GTA-based portfolio
TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) and BentallGreenOak announced the expansion of their strategic partnership, with a new joint venture in a three-property portfolio based in the Greater Toronto Area. An agreement signed by both firms would position new investment capital from BentallGreenOak… [Read More]
Allied Announces Pricing of $500 Million Green Bond Offering
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has priced its previously announced offering, and has agreed to issue $500 million aggregate principal amount of series I senior unsecured… [Read More]
Allied Announces Launch of $500 Million Green Bond Offering
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has launched an offering of $500 million aggregate principal amount of series I senior unsecured debentures (the “Debentures”). The Debentures are being… [Read More]
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