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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]

Terra Firma Capital Corporation Reports Third Quarter 2020 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today released its financial results for the three and nine-month periods ended September 30, 2020. Q3 2020 Financial Highlights: Total Investments(1)… [Read More]

ERES REIT Announces €22MM Multi-Residential Acquisition in the Netherlands

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TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential property located in Prins Alexander, a district in the northeast of Rotterdam (the “Mill Property”). The two-building property is comprised of 84 residential units,… [Read More]

Granite Real Estate Investment Trust Announces over C$564 Million in Acquisitions Closed or Under Negotiation and a C$250 Million Bought Deal Equity Offering

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TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Granite Real Estate Investment Trust (“Granite” or “the REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has completed or entered into exclusive negotiations on over C$564 million in acquisitions of four assets in the United States and four assets in the Netherlands, including the previously announced… [Read More]

FPI Nexus annonce ses résultats pour le troisième trimestre de 2020 et la distribution de novembre

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MONTRÉAL et TORONTO, 16 nov. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui ses résultats pour le troisième trimestre terminé le 30 septembre 2020. Faits saillants La Bourse de Toronto a approuvé sous condition l’inscription des parts du FPI Nexus, sous réserve que le… [Read More]