REIT REPORT

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Colliers Canada report reveals one in five Canadian commercial tenants requested rent relief for April

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VANCOUVER, British Columbia, May 01, 2020 (GLOBE NEWSWIRE) — A new Colliers Canada report shows that 21 per cent of 7,100 retail, industrial and office tenants surveyed requested April rent relief as Canadian businesses continued to slow or shut during the COVID-19 pandemic. Of these commercial tenants, close to half indicated that they could not… [Read More]

CAPREIT Provides Update on COVID-19 Impact

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TORONTO, May 01, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) today provided an update on current key finance and operating metrics as impacted by the COVID-19 pandemic, and the preventative measures being taken to mitigate risk across our business. This update reflects the estimated impact of the pandemic on… [Read More]

Timbercreek Financial Will Release First Quarter 2020 Financial Results on Tuesday, May 5, 2020

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TORONTO, April 30, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that the Company will release its first quarter 2020 financial results on Tuesday, May 5, 2020. A live conference call to review the financial results will take place at 10:00 a.m. (EST) on Wednesday, May 6, 2020 which… [Read More]

Allied Announces First-Quarter Results and Provides Short-Term and Long-Term Outlook

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TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its first quarter ended March 31, 2020. “Allied propelled strong internal and external growth in the first quarter of 2020, with a mid-single-digit percentage increase in same-asset NOI, FFO per unit and AFFO per unit… [Read More]

Northview Apartment REIT Issues Circular for May 25 Unitholder Meeting, Receives Interim Court Order for Plan of Arrangement

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CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or “the REIT”) (TSX:NVU.UN) today announced the filing of a management information circular in connection with the previously announced arrangement agreement (the “Arrangement”) with affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”) (collectively, the “Purchasers”),… [Read More]

Maplewood International REIT Announces Special Meeting of Unitholders to Approve Termination of REIT and Reliance on Temporary Extension to Public Company Filing Deadline

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, April 28, 2020 (GLOBE NEWSWIRE) — Maplewood International Real Estate Investment Trust (the “REIT”), listed on the NEX board of the TSX Venture Exchange (the “TSXV”), announced today that it will file a management information circular (the “Circular”) in… [Read More]

CAPREIT Announces Timing of First Quarter 2020 Results & Conference Call

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TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2020 after markets close on: Friday, May 15, 2020 A conference call to discuss the results will be hosted by Mark Kenney, President and… [Read More]

SmartCentres 2020 First Quarter Results and Conference Call

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TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months ending March 31, 2020 on Wednesday, May 6, 2020. SmartCentres will hold a conference call on Wednesday, May 6, 2020 at 5:30 p.m. (ET). Participating on the… [Read More]

Northview Apartment REIT Provides COVID-19 and Operational Update

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Schedules Release of First Quarter Results for May 14, 2020 CALGARY, Alberta, April 28, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or “the REIT”) (TSX:NVU.UN) today provided an update on its response to COVID-19 and the operational impact for the month of April. In response to the COVID-19 pandemic, Northview has… [Read More]

StorageVault Completes Previously Announced Purchase of Two Stores in Winnipeg, Manitoba

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TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its April 9, 2020 news release, it has completed the acquisition of two stores in Winnipeg, Manitoba (collectively, the “Acquisition”) from Access Self Storage Inc. (“Access”), for an aggregate purchase price of $7,845,000, subject to final… [Read More]

Halmont Properties Corporation Year End Results

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TORONTO, April 27, 2020 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the year ended December 31, 2019 was $6.48 million as compared to net income of $2.88 million for the year ended December 31, 2018.     Year ended (in millions)   December 31, 2019… [Read More]