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Terra Firma Capital Declares Quarterly Dividend

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TORONTO, May 14, 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 July 15, 2020, to shareholders of record as of the close of business on June 30, 2020…. [Read More]

Terra Firma Capital Corporation Reports First Quarter 2020 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated. Q1 2020 Financial Highlights: Revenues increased 3.0% to $4.0 million Adjusted net income and comprehensive income(1) increased 31% to $759,000 Adjusted basic and diluted earnings per share(1) increased 40% to $0.14 (CAD$0.19(2)) Total Investments(3) of $130.0 million Book Value(4) per share of $7.07 (CDN$9.94(2))… [Read More]

Colliers International Launches Offering of Convertible Senior Subordinated Notes

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TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers”) announced today that it is offering US$200 million aggregate principal amount of convertible senior subordinated notes due 2025 (the “Notes”) pursuant to private placement exemptions (the “Offering”). Colliers intends to use the net proceeds of the Offering to repay… [Read More]

WPT Industrial REIT Announces First Quarter 2020 Results and Provides Operational Update

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TORONTO, May 13, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three months ended March 31, 2020.  All dollar amounts are stated in U.S. funds. Highlights for the three months ended March 31, 2020: Investment properties revenue and net operating income… [Read More]

Dream Unlimited Corp. Reports First Quarter Results & Expands Asset Management Executive Team

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TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the three months ended March 31, 2020 (“first quarter”). Key Operational Highlights for the Quarter: During the first quarter, we sold our 480-acre Glacier Ridge residential community to Qualico, a… [Read More]

Firm Capital Property Trust Announces First Quarter Results and April/ May Rent Collections

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TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the three months ended March 31, 2020 as well as April and May rent collections. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 76 commercial properties with a total GLA of 4,244,242… [Read More]

Allied Announces Pricing and Upsizing of Offering of Series G Senior Unsecured Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA  TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has priced and upsized its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series G senior… [Read More]

Allied Announces Launch of Offering of Series G Senior Unsecured Debentures

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TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has launched an offering of $200 million (minimum) aggregate principal amount of series G senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital… [Read More]

European Residential REIT Announces First Quarter 2020 Results

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TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX-V: ERE.UN) announced today its results for the three months ended March 31, 2020. FIRST QUARTER 2020 HIGHLIGHTS NOI increased by 224% for the three months ended March 31, 2020 compared to the same period last year, primarily… [Read More]

Brookfield Property Partners Reports First Quarter 2020 Results

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BROOKFIELD NEWS, May 08, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPYU; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended March 31, 2020. “We remain focused on the safety of our people, our customers and tenants, and the communities in which we operate. Given our strong liquidity position… [Read More]

Maplewood International REIT Announces Filing of Management Information Circular for Special Meeting of Unitholders

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MISSISSAUGA, Ontario, May 07, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that it has filed a management information circular (the “Circular”) in connection with a special meeting of unitholders of the REIT (the “Unitholders”) to be held on May 28, 2020 to approve the termination of… [Read More]

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2020

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TORONTO, May 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the three months ended March 31, 2020. “We had a strong 1st quarter with FFO increasing by $7.7 million and ACFO by $10.7 million compared to a year… [Read More]