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Melcor REIT Trustees Held Meeting to Review the Substance of the Press Release Issued by Firm Capital

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FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (“the REIT“) today announced that its Board of Trustees held a meeting on November 25, 2020 to consider the substance of the press release issued… [Read More]

CAPREIT Acquires Property in Growing Maple Ridge, B.C. Community

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TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a four-building apartment campus containing 147 suites on 3.15 acres of land in the heart of the Maple Ridge Town Centre, just outside Vancouver, British Columbia. CAPREIT paid $29.2 million for the property,… [Read More]

ERES REIT Announces Appointment of Stephen Co as Chief Financial Officer

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TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT”) are pleased to announce the appointment of Mr. Stephen Co to Chief Financial Officer of ERES, replacing Mr. Scott Cryer, effective January 1, 2021. Mr. Co joined… [Read More]

CAPREIT Ranks in Top Quartile For 7th Consecutive Year in Kincentric Best Employers Program

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TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that, for the 7th consecutive year, CAPREIT has ranked in the ‘Above Canada Top Quartile Average’ in Kincentric’s 2020 Best Employers Program. CAPREIT has participated in the Best Employers Program since 2010, and the collected data… [Read More]

Melcor REIT Response to Press Release Issued Today by Firm Capital

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FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — In response to the press release issued today by FC Private Equity Realty Management Corp. (“Firm Capital“), Melcor Real Estate Investment Trust (TSX:MR.UN) (“Melcor REIT“) would advise as follows: The Board… [Read More]

Timbercreek Financial Declares November 2020 Dividend

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TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on December 15, 2020 to holders of Common Shares of record on November… [Read More]

CAPREIT to Expand Presence in Strong Ottawa Market

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TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and will acquire two properties located in Ottawa, Ontario, aggregating 380 suites. CAPREIT will pay $95.5 million for the properties, funded by cash. Residential occupancy in the portfolio currently stands at 98.7%…. [Read More]

Report on Financial Results For the Nine Months Ended September 30, 2020

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TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the nine months ended September 30, 2020 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]

Halmont Properties Corporation Third Quarter Results

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TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the nine months ended September 30, 2020 was $2,444,000 as compared to net income of $3,697,000 for the nine months ended September 30, 2019.   Nine months ended   (in thousands) September 30, 2020… [Read More]

SmartCentres Declares Distribution for November 2020

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TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December 15, 2020 to… [Read More]

WPT Industrial Real Estate Investment Trust Announces November 2020 Distribution

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TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of November 2020 of US$0.0633 per unit. The distribution will be payable on December 15, 2020 to unitholders of record… [Read More]