REIT REPORT

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


CAPREIT Announces May 2020 Distribution

By Tagged With:

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its May 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The May distribution will be payable on June 15, 2020 to Unitholders of record on May 29,… [Read More]

Allied Announces May 2020 Distribution

By Tagged With: ,

TORONTO, May 15, 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 May 2020, representing $1.65 per unit on an annualized basis.  The distribution will be payable on June 15, 2020, to unitholders of record as… [Read More]

ERES REIT Declares May 2020 Monthly Distribution

By Tagged With: ,

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the May 2020 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “May Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will be… [Read More]

Allied Announces Closing of $300 Million Offering of 3.131% Series G Senior Unsecured Debentures

By Tagged With: ,

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has closed its previously announced offering of $300 million aggregate principal amount of series G senior unsecured debentures (the “Debentures”). The Debentures… [Read More]

Dream Unlimited Corp. Provides Supplemental Earnings Information

By Tagged With: ,

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today announced supplemental information to the Company’s financial results for the three months ended March 31, 2020. The Company is providing further information regarding the composition of Dream’s earnings for the period as follows:        … [Read More]

StorageVault Reports 2020 First Quarter Results and Increases Dividend

By Tagged With:

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2020 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “We are extremely proud of our team for their ingenuity and dedication in quickly adapting to new processes and for being committed to… [Read More]

Colliers International Prices Offering of Convertible Senior Subordinated Notes

By Tagged With:

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers”) announced today that it has priced its previously announced offering of convertible senior subordinated notes due 2025 (the “Notes”) pursuant to private placement exemptions (the “Offering”). Colliers will issue US$200 million aggregate principal amount of Notes, or US$230 million… [Read More]

Nexus REIT Announces Q1 2020 Results, Annual Meeting Voting Results and June Distribution

By Tagged With:

TORONTO and MONTREAL, May 14, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today its results for the quarter ended March 31, 2020 the voting results from its annual meeting, and the declaration of the June 2020 distribution. Highlights Completed a $17,400,000 accretive acquisition of 3 industrial properties in… [Read More]

FPI Nexus annonce ses résultats pour le premier trimestre de 2020, les résultats du vote de l’assemblée annuelle et la distribution du mois de juin

By Tagged With:

MONTRÉAL and TORONTO, 14 mai 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui ses résultats pour le premier trimestre terminé le 31 mars 2020, les résultats du vote de l’assemblée annuelle, ainsi que la déclaration de la distribution du mois de juin 2020. Faits… [Read More]

Northview Apartment REIT Provides Transaction and COVID-19 Updates, Announces Q1 2020 Financial Results

By Tagged With:

Deadline for Unitholders to return their completed proxies or otherwise exercise their vote on the Transaction is Thursday, May 21, 2020 at 3:00 pm (Mountain Time) Deadline for electing the form of consideration under the Transaction extended to Friday, June 5, 2020 at 3:00 pm (Mountain Time) CALGARY, Alberta, May 14, 2020 (GLOBE NEWSWIRE) —… [Read More]

Melcor REIT announces first quarter 2020 results and declares monthly distribution of $0.03 per trust unit

By Tagged With: ,

EDMONTON, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — Highlights Rental revenue was up 8% over Q1-2019 at $19.29 million; Net operating income grew 9% over Q1-2019 at $11.96 million; Adjusted cash flow from operations (ACFO) increased 7% to $4.97 million or $0.17 per unit in the quarter; Occupancy remained stable over Q4-2019 at 88%; Distributions… [Read More]