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Allied Announces Pricing of Series F Senior Unsecured Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has priced its previously announced offering, and has agreed to issue $400 million aggregate principal amount of series F senior unsecured debentures… [Read More]

Allied Announces Launch of Offering of Series F Senior Unsecured Debentures

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has launched an offering of $400 million aggregate principal amount of series F senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc.,… [Read More]

SmartCentres and Mitchell Goldhar Announce Four Additional Retirement Residence Projects with Revera in Toronto and the Greater Toronto Area

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), the Penguin Group of Companies (“Penguin”) owned by Mitchell Goldhar, and Revera Inc., a leading Canadian senior living sector company, announced today that the three companies have executed four more conditional site specific joint venture agreements to develop and own retirement… [Read More]

Terra Firma Capital Corporation Appoints Y. Dov Meyer as New Executive Chairman of the Board of Directors

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, is pleased to announce the appointment of Mr. Y. Dov Meyer as the new Executive Chairman of the Board of Directors. Mr. Meyer, currently Executive Vice Chairman and the former Chief Executive… [Read More]

Allied Announces Fourth-Quarter and Year-End Results

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Strong Organic Growth, Extensive and Focused Capital Allocationand Achievement of Targeted Debt-Metrics Highlight 2019 TORONTO, Feb. 05, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2019. “We pursued our strategy in 2019 with excellent short-term and long-term results,” said… [Read More]

Colliers International Names New Asia Pacific Head

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TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) announced today that John Kenny has been appointed Chief Executive Officer (CEO) | Asia Pacific, effective immediately. This new role unifies Asia, Australia and New Zealand, while creating synergies and promoting greater… [Read More]

FirstService Declares 10% Increase to Quarterly Cash Dividend

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TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.15 per Common Share and declared a quarterly dividend of US$0.165 per Common… [Read More]

Dream Hard Asset Alternatives Trust Announces Intention to Commence Substantial Issuer Bid

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TORONTO, Feb. 03, 2020 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (DRA.UN-TSX) (“Dream Alternatives”, the “Trust” or “we”) today announced its intention to commence a substantial issuer bid (the “Offer”) pursuant to which the Trust will offer to purchase up to 4,000,000 of its outstanding units (“Units”) at a purchase price of $8.25 per… [Read More]

ERES REIT Closes on Sale of Dusseldorf Commercial Property

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TORONTO, Jan. 31, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) announced today that it has closed on the sale of the previously announced disposition of its commercial property in Düsseldorf, Germany (the “Düsseldorf Property”) to an arm’s length third party purchaser. The sale price of the Düsseldorf Property of €16.9… [Read More]

Allied Completes Acquisition of Major Class I Complex in Montréal

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TORONTO, Jan. 28, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the acquisition of a large and important Class I complex in Montréal, 747 Square-Victoria Street. The property is located in the heart of the International Quarter, a heritage- and amenity-rich area that connects the Downtown… [Read More]