REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


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]

Northview Apartment REIT Announces Receipt of Final Order

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CALGARY, Alberta, May 29, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) announced today that the Court of Queen’s Bench of Alberta has granted a final order approving its previously announced plan of arrangement pursuant to which Northview will be acquired by affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and… [Read More]

RioCan Real Estate Investment Trust Schedules Date of Second Quarter 2020 Earnings Release, Conference Call and Webcast

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TORONTO, May 29, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:  REI.UN) today announced that it is scheduled to release its financial results for the three and six months ended June 30, 2020 before the market opens on Wednesday, July 29, 2020. Interested parties are invited to participate in a conference call… [Read More]

Maplewood International REIT Reports Voting Results From Special Meeting of Unitholders

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, May 28, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Maplewood International Real Estate Investment Trust (the “REIT”) announced today the voting results from the special meeting of unitholders held today (the “Special Meeting”). Full details of the matters voted upon… [Read More]

Report on Financial Results for the Three Months Ended March 31, 2020

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TORONTO, May 28, 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 three months ended March 31, 2020 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]

Halmont Properties Corporation First Quarter Results

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TORONTO, May 27, 2020 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the three months ended March 31, 2020 was $ 770,000 as compared to net income of $626,000 for the three months ended March 31, 2019.   Three months ended   (in millions) March 31,… [Read More]

Granite Real Estate Investment Trust Announces C$252 Million Bought Deal Equity Offering

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TORONTO, May 26, 2020 (GLOBE NEWSWIRE) — Granite Real Estate Investment Trust (“Granite” or “the REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it and Granite REIT Inc. have entered into an agreement to sell to a syndicate of underwriters led by BMO Capital Markets and TD Securities Inc. (the “Underwriters”) on a bought… [Read More]

InterRent REIT Announces $200 Million Equity Offering

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, May 26, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) announced today that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Scotiabank, BMO Capital Markets and… [Read More]

Timbercreek Financial Declares May 2020 Dividend

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TORONTO, May 26, 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 June 15, 2020 to holders of Common Shares of record on… [Read More]

Northview Apartment REIT Announces Unitholder Approval of Arrangement and Voting Results From 2020 Annual General and Special Meeting

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CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) announced today that its holders (“Unitholders”) of Trust Units and Special Voting Units (“Units”) have voted overwhelmingly to approve the proposed plan of arrangement pursuant to which Northview will be acquired by affiliates of Starlight Group Property Holdings Inc…. [Read More]