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StorageVault Reports 2020 First Quarter Results and Increases Dividend

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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

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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

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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

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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

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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

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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]

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]