REIT REPORT

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


Maplewood International REIT Reports Voting Results From Special Meeting of Unitholders

By Tagged With:

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

By Tagged With:

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

By Tagged With:

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

By Tagged With:

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

By Tagged With:

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

By Tagged With:

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

By Tagged With:

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]

SmartCentres Declares Distribution for May 2020

By Tagged With:

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

FirstService Corporation Completes US$150 Million Private Placement of Common Shares

By Tagged With:

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService”) is pleased to report that today it completed the sale, on a private placement basis, of a total of 1,797,359 common shares (the “Common Shares”) of FirstService, at a price of US$83.46 per share, to Durable Capital Partners LP (“Durable Capital”),… [Read More]

Colliers International named to IAOP® Global Outsourcing 100 List for 14th consecutive year

By Tagged With:

TORONTO, May 21, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services firm Colliers International Group Inc. (Nasdaq and TSX: CIGI) is pleased to announce that it has been selected for the 2020 Global Outsourcing 100 list by IAOP® for the 14th straight year. Colliers also earned an All Star distinction from IAOP® for… [Read More]

Timbercreek Financial announces Voting Results from Annual Meeting of Shareholders

By Tagged With:

TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (the “Company“) (TSX:TF) announced the voting results for the election of its board of directors, which took place at the Company’s Annual Meeting held on May 14, 2020. The nominees listed in the management information circular dated April 6, 2020 were elected as directors of the… [Read More]

Melcor Developments announces first quarter results, declares quarterly dividend of $0.08 per share

By Tagged With:

EDMONTON, Alberta, May 20, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2020. Revenue was down 3% to $33.77 million compared to Q1-2019. In spite of an increase in sales of single-family lots, the lack of land… [Read More]