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Melcor REIT Announces the Closing of $54.8 Million Third Party Property Acquisition, $10.0 Million Private Placement of Class B LP Units to Melcor Developments Inc. and the Redemption of Outstanding $34.5 Million Convertible Debentures

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FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today the closing of the purchase (the “Acquisition”) from an arm’s length third party of a multi-building open retail power centre containing… [Read More]

Dream Unlimited Corp. Announces Date for Redemption of First Preference Shares, Series 1

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”) today announced that it will redeem all of its outstanding First Preference Shares, Series 1 (“Series 1 Shares”) on December 20, 2019 (the “Redemption Date”), in… [Read More]

European Residential REIT Announces Third Quarter 2019 Results

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TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX-V: ERE.UN) announced today its results for the three and nine months ended September 30, 2019. THIRD QUARTER 2019 HIGHLIGHTS On September 24, 2019, the REIT completed a public offering and closed on the issuance and sale of… [Read More]

Dream Unlimited Corp. Reports Third Quarter Results, Successful Unitholder Approval of the Sale of Dream Global REIT in a Transaction Valued at $6.2 Billion and Announces Intention to Commence $110 Million Substantial Issuer Bid

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This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the… [Read More]

Firm Capital Property Trust Reports Highest NOI Since Inception and +4% Distribution Increase

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TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2019 along with its seventh distribution increase in seven years. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a… [Read More]

Northview Apartment REIT Announces Q3 2019 Financial Results, Multi-Family Same Door NOI Growth of 4.4%, Fair Value Gains of $122 Million and Reduced Leverage

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CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN – TSX), today announced financial results for the three and nine months ended September 30, 2019. HIGHLIGHTS Same door NOI increase of 3.4%, including a 4.4% increase for the multi-family business segment, with increases in all regions in the… [Read More]

Partners Announces Results for the Third Quarter of 2019

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BARRIE, Ontario, Nov. 06, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT,” or “Partners”) (TSX: PAR.UN) today announced its results for the three month period ended September 30, 2019 (the “third quarter”). THIRD QUARTER 2019 HIGHLIGHTS Comprehensive income of $0.3 million, an increase to income of $1.3 million when compared to the… [Read More]

Dream Alternatives Reports Third Quarter Results and Solid Execution on Its Strategic Plan

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This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Nov. 06, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for… [Read More]

Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2019. Revenue was down 10% to $53.95 million compared to Q3-2018. Year to date revenue was $129.92 million, down 12% compared… [Read More]

Global Real Estate & E-Commerce Dividend Fund announces Normal Course Issuer Bid

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CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) — Global Real Estate & E-Commerce Dividend Fund (TSX: GEC.UN) (the “Fund”) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the… [Read More]

RioCan Announces Third Quarter Results for 2019

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TORONTO, Nov. 06, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) today announced its financial results for the three and nine months ended September 30, 2019 (“Third Quarter”). “In the Third Quarter, we continued to make great strides towards our long term strategic goals, both in terms of our major market… [Read More]

Brookfield Property Partners Reports Third Quarter 2019 Results

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Nov. 06, 2019 (GLOBE NEWSWIRE) —  Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended September 30, 2019.  “In the third quarter we continued to execute our strategy of divesting interests in mature,… [Read More]