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WPT Industrial REIT Announces Fourth Quarter 2020 Results

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TORONTO, March 10, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three months and year ended December 31, 2020. All dollar amounts are stated in U.S. funds. Highlights: Collected 99.8% of billed rent for the quarter, continuing the REIT’s record of… [Read More]

ERES REIT and CAPREIT Announce Extension of €165M Pipeline Agreement

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TORONTO, March 10, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES”) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT”) announced today the extension of the pipeline agreement between ERES and CAPREIT (the “Pipeline Agreement”) for an additional two-year period, ending on March 29, 2023. The Pipeline Agreement, entered on… [Read More]

FirstService Adds to California Closets Company-Owned Operations

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TORONTO, March 09, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it has further expanded its California Closets company-owned operations with the acquisition of its Minneapolis franchise. With this transaction, California Closets now has 20 company-owned operations among its 80 total franchised territories. Terms of the transaction were not… [Read More]

Colliers Acquires Specialty Engineering & Design Firm

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TORONTO and MIAMI, March 08, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced that its Colliers Engineering & Design (“Colliers E&D”) operating unit has acquired Bolton Perez & Associates (“BPA”), a Miami-based transportation engineering and design firm. The new addition will immediately rebrand as… [Read More]

Timbercreek Financial Announces 2020 Fourth Quarter Results

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TORONTO, March 08, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2020 (“Q4 2020”). Q4 2020 Highlights Delivered distributable income of $14.6 million and paid $14.0 million in dividends to shareholders  Generated $0.18 in distributable income per share (95.4%… [Read More]

FPI Nexus annonce la clôture du placement par prise ferme de 34,9 millions $

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/NE PAS DISTRIBUER VIA LES AGENCES DE PRESSE AMERICAINES NI DIFFUSER AUX ÉTATS-UNIS/ MONTRÉAL et TORONTO, 04 mars 2021 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSX : NXR.UN) a annoncé aujourd’hui la clôture du placement public préalablement annoncé (le « Placement ») de parts de fiducie du FPI (les « Parts ») à… [Read More]

Nexus Real Estate Investment Trust Announces Closing of $34.9 Million Bought Deal Equity Offering

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÉAL, March 04, 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… [Read More]

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]