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Nexus REIT Announces Q3 2020 Results and November Distribution

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TORONTO and MONTREAL, Nov. 16, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today its results for the quarter ended September 30, 2020. Highlights The Toronto Stock Exchange has conditionally approved the listing of Nexus REIT’s units subject to the REIT fulfilling all of the requirements of the Exchange… [Read More]

CAPREIT Announces November 2020 Distribution

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TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The November distribution will be payable on December 15, 2020 to Unitholders of record on November 30,… [Read More]

ERES REIT Declares November 2020 Monthly Distribution

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TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2020 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “November Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will… [Read More]

Allied Announces November 2020 Distribution

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TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the month of November 2020, representing $1.65 per unit on an annualized basis. The distribution will be payable on December 15, 2020, to unitholders of record as… [Read More]

Firm Capital Property Trust Announces Eighth Consecutive Annual Distribution Increase With 2% Commencing in 2021

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TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to announce its eighth consecutive annual distribution increase with a 2% increase commencing in 2021. Effective January 2021, annualized distributions will increase to $0.51 per trust unit from $0.50 per trust unit. This equates to a… [Read More]

Timbercreek Financial Announces 2020 Third Quarter Results

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TORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and nine months ended September 30, 2020 (“Q3 2020”). Q3 2020 Highlights Portfolio continues to perform well through the COVID-19 pandemic with no material increase in delinquencies  Generated $0.18 in distributable income per share… [Read More]

Firm Capital Property Trust Announces Solid Third Quarter Results

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 76 commercial properties with a total GLA of 4,244,849 square feet (2,350,850 square… [Read More]

Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 110 Unit Residential Portfolio Located in Dartmouth, Nova Scotia

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: “UFC”) (“Urbanfund” or, the “Company”), announced today that the Company, along with Westdale Construction Limited (“Westdale”), has completed the previously-announced acquisition of the 110 unit The Manors Luxury Apartment portfolio located in Dartmouth, Nova Scotia. An… [Read More]

StorageVault Reports 2020 Third Quarter Results and Increases Dividend

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TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2020 third quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our results continue to show the resiliency of our business – we achieved 3% year over year increase in same store revenue and… [Read More]

WPT Industrial REIT Announces Third Quarter 2020 Results

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TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and nine months ended September 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended September 30, 2020: Collected 99.6% of billed rent… [Read More]

SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020

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Focused on Growth Transit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4 Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an… [Read More]