REIT REPORT

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


FPI NEXUS ANNONCE LA SIGNATURE DE CONTRATS DE LOCATION ET D’UN CONTRAT DE GESTION DE DÉVELOPPEMENT POUR LE PROJET DE VALEUR AJOUTÉE À RICHMOND, AINSI QUE L’OCTROI D’UNITÉS DE PARTS AVEC RESTRICTIONS

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MONTRÉAL et TORONTO, 26 mars 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui que le plan pour maximiser la valeur de sa propriété située à Richmond (Colombie-Britannique) progressait. Le FPI a conclu des contrats de location avec deux nouveaux locataires pour environ 60 000… [Read More]

WPT INDUSTRIAL REIT ANNOUNCES CLOSING OF US$730 MILLION DISTRIBUTION AND LOGISTICS PORTFOLIO ACQUISITION AND US$600 MILLION EXPANSION TO CREDIT FACILITY

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX:WIR.U, WIR.R, WIR.UN – OTCQX: WPTIF) announced today the closing of the previously announced acquisition of a portfolio of 26 U.S. distribution and logistics properties totaling approximately… [Read More]

Timbercreek Financial Corp. announces normal course issuer bid

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TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (the “Company“) announced today that it has obtained the approval of the Toronto Stock Exchange (the “TSX“) to commence a normal course issuer bid (the “NCIB”) with respect to its common shares (the “Shares”). The NCIB will commence on March 30, 2020 and will… [Read More]

Melcor & the REIT announce measures taken to respond to current economic situation

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EDMONTON, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil. To respond to… [Read More]

SmartCentres Declares Distribution for March 2020

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TORONTO, March 25, 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 March 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on April 15, 2020 to… [Read More]

SUSTAINABLE INFRASTRUCTURE DIVIDEND FUND IPO Raises $80 Million

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CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Sustainable Infrastructure Dividend Fund (the “Fund”), is pleased to announce that the Fund has completed its initial public offering of 8,000,000 units at a price of $10.00 per unit for gross proceeds of $80 million. The units are listed on the Toronto… [Read More]

Timbercreek Financial Declares March 2020 Dividend

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TORONTO, March 24, 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 April 15, 2020 to holders of Common Shares of record on… [Read More]

DREAM UNLIMITED CORP. ACQUIRES UNITS OF DREAM OFFICE REAL ESTATE INVESTMENT TRUST

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TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”) announced today that it has acquired 390,000 REIT Units, Series A (“Units”) of Dream Office REIT (TSX: D.UN) (“Dream Office REIT”), representing approximately 0.6% of the issued and outstanding Units on the Toronto Stock Exchange (the “TSX”) for aggregate consideration of $6,279,000… [Read More]

Maplewood International REIT Announces Special Cash Distribution for 2020 Fiscal Year

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 23, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that as a result of the REIT’s successful closing of the sale of its sole investment property in the Netherlands, as… [Read More]

SmartCentres offers government and health authorities free space to support COVID-19 efforts

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TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Today SmartCentres REIT (“SmartCentres”) (TSX:SRU.UN), one of the largest real estate companies in Canada, announced that it is offering rent-free use of a total of up to 1-million square feet of space in 200 shopping centres across the country, as well as its land, parking lots and signage,… [Read More]

NORTHVIEW APARTMENT REIT ANNOUNCES END OF “GO-SHOP” PERIOD

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CALGARY, Alberta, March 23, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or the “REIT”) (TSX:NVU.UN) today announced the expiration of the 30-day go-shop period (the “Go-Shop Period”) provided for in the arrangement agreement dated February 19, 2020 (the “Arrangement Agreement”) among the REIT, affiliates of Starlight Group Property Holdings Inc. (“Starlight”)… [Read More]

Melcor REIT announces April distribution of $0.03 per unit to proactively strengthen our balance sheet

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EDMONTON, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of April. This represents a reduction of 47% to the current distribution. The March distribution, payable April 15, 2020, will remain… [Read More]