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RioCan Real Estate Investment Trust Announces One-third Reduction in Distributions to Unitholders

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TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Today, RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced a reduction of RioCan’s monthly distribution to unitholders from $0.12 per unit to $0.08 per unit, or from $1.44 to $0.96 on an annualized basis. RioCan’s Board of Trustees has determined the reduction is appropriate… [Read More]

Slate Grocery REIT Announces C$75 Million Bought Deal Financing

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (“Slate Grocery” or the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into an agreement with a syndicate… [Read More]

Allied Announces Publication of Its Inaugural ESG Report

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TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that it has published its Inaugural Environmental, Sustainability and Governance (ESG) Report (the “Report”) on the home page of its website at www.alliedreit.com. Allied made a commitment to submit formally to independent scrutiny in regard to ESG by 2020. An important step… [Read More]

CAPREIT Expands Presence in Strong Halifax Market

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TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a recently constructed apartment building containing 38 suites in Bedford, a suburb of Halifax, Nova Scotia. CAPREIT paid $11.9 million for the property financed by cash. Completed in July 2020, The Madison’s suites… [Read More]

Allied Announces December 2020 Distribution and Distribution Increase for 2021

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TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.1375 per unit for the month of December, 2020, payable on January 15, 2021, to unitholders of record on December 31, 2020, and (ii) approved an increase in monthly cash distributions for 2021… [Read More]

FirstService Declares Quarterly Cash Dividend on Common Shares

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TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close… [Read More]

Terra Firma Capital Declares Quarterly Dividend

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on January 15, 2021,… [Read More]

Firm Capital Property Trust Announces Grant of Options

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TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) announces the grant of options to acquire trust units in the capital of the Trust (each a “Unit”) to the trustees and officers of the Trust on December 1, 2020. Each of the options will expire five… [Read More]

Colliers Promotes Rebecca Finley to Chief Brand and People Officer

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TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced the promotion of Rebecca (Becky) Finley to the newly created role of Chief Brand and People Officer, effective immediately. Finley will focus on strengthening Colliers’ brand and people services worldwide, building… [Read More]

CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission

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TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that it earned a Green Star designation in its inaugural submission to the 2020 Global Real Estate Sustainability Benchmark (GRESB). Ranked 6th amongst the participating listed residential multi-family companies in North America, CAPREIT’s strong performance in… [Read More]

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]