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TERRA FIRMA CAPITAL CORPORATION ANNOUNCES STOCK OPTION GRANTS

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TORONTO, April 06, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V:TII) (“Terra Firma” or the “Corporation”) announced today that pursuant to the terms of its share option plan, it has granted 285,000 options to its employees, of which 225,000 options were granted to its officers. The options are exercisable into 285,000 common shares of… [Read More]

FIRM CAPITAL PROPERTY ANNOUNCES EXCHANGE APPROVAL OF NORMAL COURSE ISSUER BID

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TORONTO, April 03, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV: FCD.UN) is pleased to announce that it has received approval from the TSX Venture Exchange (the “Exchange“) to commence a normal course issuer bid (the “Bid“) to purchase up to 2,829,746 of its trust units (“Trust Units“), being equal… [Read More]

ERES REIT SECURES €63 MILLION MORTGAGE FINANCING FOR KAMELEON PROPERTY ACQUISITION

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TORONTO, April 03, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) announced today that it has secured mortgage financing on its December 16, 2019 acquisition of a Netherlands property (the “Kameleon Property”) in the principal amount of €18.7 million for the retail portion and €44.3 million for the residential portion. The… [Read More]

TERRA FIRMA CAPITAL CORPORATION REPORTS FOURTH QUARTER & FULL YEAR 2019 FINANCIAL RESULTS

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All amounts are stated in United States dollars unless otherwise indicated. Full Year 2019 Financial Highlights: Revenues increased by 23.9% to $16.7 million Total Investments(1)  increased by 9.0% to $142.4 million Loan and mortgage syndication increased by 16.3% Adjusted net income and comprehensive income(2) increased by 56.4% to $3.0 million Adjusted basic and diluted earnings… [Read More]

ERES REIT ANNOUNCES REVISED TIMING OF FIRST QUARTER 2020 RESULTS & CONFERENCE CALL

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TORONTO, April 01, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it has revised the previously announced timing of its financial results and conference call for the first quarter of 2020. It will now issue its financial results for the three months ended March 31, 2020 after markets… [Read More]

MELCOR POSTPONES ANNUAL GENERAL MEETING DATE

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EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD) announced today that it is postponing its annual general meeting (AGM) until June 25, 2020 in response to the COVID-19 pandemic and the current restriction on gatherings of larger than fifteen people in Alberta. Darin Rayburn, President and Chief Executive Officer of Melcor… [Read More]

MELCOR REIT POSTPONES ANNUAL GENERAL MEETING DATE

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EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) announced today that it is postponing its annual general meeting (AGM) until June 25, 2020 in response to the COVID-19 pandemic and the current restriction on gatherings of larger than fifteen people in Alberta. Darin Rayburn, President and Chief… [Read More]

FIRM CAPITAL PROPERTY TRUST PROVIDES UPDATE ON INSIDER ACQUISITION ACTIVITY

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TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the “Trust”), (TSXV: FCD.UN) is pleased to announce that since March 1, 2020, every member of the board of trustees including the Trust’s executive officers have acquired directly and/or indirectly 159,042 trust units for approximately $0.7 million or 0.5% of the total trust units… [Read More]

TIMBERCREEK FINANCIAL UPDATE ON COVID-19

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TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (the “Company“) today published a letter from the CEO, Cameron Goodnough, regarding COVID-19, which is available here. For further information: Cameron Goodnough Chief Executive Officer and President 1-844-304-9967 cgoodnough@timbercreek.com About the Company Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration,… [Read More]

ALLIED ANNOUNCES CONFERENCE CALL TO DISCUSS FIRST-QUARTER FINANCIAL RESULTS

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TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, April 30, 2020, to discuss financial results for the quarter ended March 31, 2020. The financial results will be released on Wednesday, April 29, 2020,… [Read More]

FIRSTSERVICE ANNOUNCES INFORMATION REGARDING UPCOMING SHAREHOLDERS’ MEETING

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TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 8, 2020 at 11:00am (Toronto time). The meeting will be webcast live and can be either accessed via FirstService’s website at www.firstservice.com in the “Investors” section under… [Read More]

MELCOR REIT ANNOUNCES NORMAL COURSE ISSUER BID

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX… [Read More]