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SmartCentres Real Estate Investment Trust Closes $600 Million Series V and Series W Senior Unsecured Debenture Issues

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has closed its previously announced private placement of $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal… [Read More]

Dream Unlimited Corp. Provides Business Update

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TORONTO, June 11, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today provided a business update on transactional and operational activity for the month of June 2020.   Dream has now closed on the sale of its indirect interest in a renewable power portfolio to Potentia Renewables Inc. In addition,… [Read More]

Maplewood International REIT Announces Completion of REIT Termination and Consideration Payment to Unitholders

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MISSISSAUGA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to the press release issued by Maplewood International Real Estate Investment Trust (the “REIT”) on June 3, 2020 announcing that the termination of the REIT (the “REIT Termination”) would take place at 11:59 p.m. (Toronto time) on Friday, June 5, 2020 (the “REIT Termination… [Read More]

ERES REIT Announces Timing of Second Quarter 2020 Results & Conference Call

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TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it will issue its financial results for the three and six months ended June 30, 2020 after markets close on: Monday, August 10, 2020 A conference call hosted by Phillip Burns, Chief Executive Officer and the ERES… [Read More]

Melcor REIT terminates Automatic Share Purchase Plan

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EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP… [Read More]

UPDATE – CAPREIT Advances Toronto Operating Lease Buyout Strategy

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TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — This release was previously disseminated on June 3, 2020 at 17:00 ET. The address “33 Davisville Avenue” has been added to the first paragraph, along with additional information regarding the purchase price of the operating lease buyout. The complete and corrected release follows. Canadian Apartment Properties Real Estate… [Read More]

SmartCentres Real Estate Investment Trust Announces $300 Million Series V and $300 Million Series W Senior Unsecured Debenture Issues

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 04, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal amount of Series W… [Read More]

InterRent REIT Closes $230 Million Bought Deal Financing

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OTTAWA, June 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 15,709,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise of the over-allotment option granted to the underwriters in connection with the Offering, at a… [Read More]

Maplewood International REIT Announces Timing of REIT Termination

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, June 03, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to a press release issued by Maplewood International Real Estate Investment Trust (the “REIT”) on May 28, 2020, announcing the voting results from the REIT’s special meeting of unitholders… [Read More]

CAPREIT Advances Toronto Operating Lease Buyout Strategy

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TORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has agreed to prepay the buyout of eight operating leases (“8 Lease Buyouts”) for eight properties in Toronto, which are expected to close by June 30, 2020.  The properties are located at 88 Isabella Avenue,… [Read More]

RioCan Real Estate Investment Trust Announces Results of Voting at RioCan’s Annual and Special Meeting

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TORONTO, June 02, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its June 2, 2020 Annual and Special Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the… [Read More]

Colliers International Completes Acquisition of Dougherty

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TORONTO and MINNEAPOLIS, June 01, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), has completed its previously announced acquisition of a controlling interest in Dougherty Mortgage, Dougherty Funding, Dougherty & Company and Dougherty Insurance Agency (together, “Dougherty”). Under Colliers’ unique partnership model, Dougherty’s… [Read More]