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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]

Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

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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]

Firm Capital Property Trust Announces the Acquisition of a 50% Interest in 242 Unit Condominium Manufactured Housing Community for $10.7 Million

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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]