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UPDATE – CAPREIT Advances Toronto Operating Lease Buyout Strategy

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TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — This release was previously disseminated on June 3, 2020 at 17:00 ET. The address “33 Davisville Avenue” has been added to the first paragraph, along with additional information regarding the purchase price of the operating lease buyout. The complete and corrected release follows. Canadian Apartment Properties Real Estate… [Read More]

SmartCentres Real Estate Investment Trust Announces $300 Million Series V and $300 Million Series W Senior Unsecured Debenture Issues

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 04, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal amount of Series W… [Read More]

InterRent REIT Closes $230 Million Bought Deal Financing

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OTTAWA, June 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 15,709,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise of the over-allotment option granted to the underwriters in connection with the Offering, at a… [Read More]

Maplewood International REIT Announces Timing of REIT Termination

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, June 03, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to a press release issued by Maplewood International Real Estate Investment Trust (the “REIT”) on May 28, 2020, announcing the voting results from the REIT’s special meeting of unitholders… [Read More]

CAPREIT Advances Toronto Operating Lease Buyout Strategy

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TORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has agreed to prepay the buyout of eight operating leases (“8 Lease Buyouts”) for eight properties in Toronto, which are expected to close by June 30, 2020.  The properties are located at 88 Isabella Avenue,… [Read More]

RioCan Real Estate Investment Trust Announces Results of Voting at RioCan’s Annual and Special Meeting

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TORONTO, June 02, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its June 2, 2020 Annual and Special Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the… [Read More]

Colliers International Completes Acquisition of Dougherty

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TORONTO and MINNEAPOLIS, June 01, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), has completed its previously announced acquisition of a controlling interest in Dougherty Mortgage, Dougherty Funding, Dougherty & Company and Dougherty Insurance Agency (together, “Dougherty”). Under Colliers’ unique partnership model, Dougherty’s… [Read More]

Northview Apartment REIT Announces Receipt of Final Order

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CALGARY, Alberta, May 29, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) announced today that the Court of Queen’s Bench of Alberta has granted a final order approving its previously announced plan of arrangement pursuant to which Northview will be acquired by affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and… [Read More]

RioCan Real Estate Investment Trust Schedules Date of Second Quarter 2020 Earnings Release, Conference Call and Webcast

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TORONTO, May 29, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:  REI.UN) today announced that it is scheduled to release its financial results for the three and six months ended June 30, 2020 before the market opens on Wednesday, July 29, 2020. Interested parties are invited to participate in a conference call… [Read More]

Maplewood International REIT Reports Voting Results From Special Meeting of Unitholders

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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

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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

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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]