TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (the “Company“) announced today that it has obtained the approval of the Toronto Stock Exchange (the “TSX“) to commence a normal course issuer bid (the âNCIBâ) with respect to its common shares (the âSharesâ). The NCIB will commence on March 30, 2020 and will… [Read More]
Melcor & the REIT announce measures taken to respond to current economic situation
EDMONTON, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil. To respond to… [Read More]
SmartCentres Declares Distribution for March 2020
TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of March 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on April 15, 2020 to… [Read More]
SUSTAINABLE INFRASTRUCTURE DIVIDEND FUND IPO Raises $80 Million
CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Sustainable Infrastructure Dividend Fund (the âFundâ), is pleased to announce that the Fund has completed its initial public offering of 8,000,000 units at a price of $10.00 per unit for gross proceeds of $80 million. The units are listed on the Toronto… [Read More]
Timbercreek Financial Declares March 2020 Dividend
TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) is pleased to announce that its board of directors (the âBoardâ) has declared a monthly cash dividend of $0.0575 per common share (âCommon Shareâ) of the Company to be paid on April 15, 2020 to holders of Common Shares of record on… [Read More]
DREAM UNLIMITED CORP. ACQUIRES UNITS OF DREAM OFFICE REAL ESTATE INVESTMENT TRUST
TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (âDreamâ) announced today that it has acquired 390,000 REIT Units, Series A (âUnitsâ) of Dream Office REIT (TSX: D.UN) (âDream Office REITâ), representing approximately 0.6% of the issued and outstanding Units on the Toronto Stock Exchange (the âTSXâ) for aggregate consideration of $6,279,000… [Read More]
Maplewood International REIT Announces Special Cash Distribution for 2020 Fiscal Year
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 23, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the âREITâ), announced today that as a result of the REITâs successful closing of the sale of its sole investment property in the Netherlands, as… [Read More]
SmartCentres offers government and health authorities free space to support COVID-19 efforts
TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Today SmartCentres REIT (âSmartCentresâ) (TSX:SRU.UN), one of the largest real estate companies in Canada, announced that it is offering rent-free use of a total of up to 1-million square feet of space in 200 shopping centres across the country, as well as its land, parking lots and signage,… [Read More]
NORTHVIEW APARTMENT REIT ANNOUNCES END OF “GO-SHOP” PERIOD
CALGARY, Alberta, March 23, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (âNorthviewâ or the âREITâ) (TSX:NVU.UN) today announced the expiration of the 30-day go-shop period (the âGo-Shop Periodâ) provided for in the arrangement agreement dated February 19, 2020 (the âArrangement Agreementâ) among the REIT, affiliates of Starlight Group Property Holdings Inc. (âStarlightâ)… [Read More]
Melcor REIT announces April distribution of $0.03 per unit to proactively strengthen our balance sheet
EDMONTON, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of April. This represents a reduction of 47% to the current distribution. The March distribution, payable April 15, 2020, will remain… [Read More]
MAPLEWOOD INTERNATIONAL REIT ANNOUNCES CLOSING OF INVESTMENT PROPERTY SALE
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 20, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the âREITâ), announced today that further to the press release dated March 6, 2020 regarding the execution by the REIT of a binding purchase and… [Read More]
BROOKFIELD PROPERTY PARTNERS PROVIDES UPDATE ON COVID-19
BROOKFIELD NEWS, March 20, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) today provided an update to the investment community regarding the COVID-19 pandemic. A message from management to BPY unitholders can be accessed here: https://bpy.brookfield.com/~/media/Files/B/Brookfield-BPY-IR-V2/letters-to-unitholders/2020/bpy-covid-19-ltu.pdf. Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc.,… [Read More]
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