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CORRECTING and REPLACING — Nexus REIT Announces Q3 2019 Results and December 2019 Distribution

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TORONTO and MONTREAL, Jan. 03, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on November 19, 2019 by Nexus REIT (TSXV: NXR.UN) please note that in the December Distributions section, the first paragraph should read “payable January 15, 2020 to unitholders of record as of December 31, 2019”, not “payable December… [Read More]

CORRECTION et REMPLACEMENT : FPI Nexus annonce ses résultats pour le troisième trimestre de 2019, ainsi que la distribution de décembre 2019

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MONTRÉAL et TORONTO, 03 janv. 2020 (GLOBE NEWSWIRE) — Dans le communiqué de presse diffusé le 19 novembre 2019 par Nexus REIT (TSXV: NXR.UN), veuillez noter que dans la section Distribution de décembre, on aurait dû lire au premier paragraphe : « …payable le 15 janvier 2020 aux détenteurs de parts inscrits au 31 décembre… [Read More]

Timbercreek Financial Extends Term of Revolving Credit Facilities

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TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that on December 20, 2019, the Company entered into an amendment to its existing revolving credit facilities to extend the term of the facility for an additional year to December 18, 2021.  A syndicate… [Read More]

CAPREIT Appoints New Member of Board of Trustees

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TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREIT’s Board of Trustees effective January 1, 2020. Mr. Tremblay has over 35 years of experience in the real estate industry, having been involved in international investment… [Read More]

Middlefield Global Real Asset Fund Announces Initial Investment in Blackstone's Core+ Real Estate Investment LP

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CALGARY, Alberta, Dec. 23, 2019 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce that the Middlefield Global Real Asset Fund (“the Fund”) (TSX: RA.UN) has completed its initial investment in Blackstone’s Core+ Real Estate Investment Limited Partnership. The Fund provides investors with exposure to attractive global real estate and infrastructure assets across both public… [Read More]

Dream Unlimited Corp. Announces 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, Dec. 20, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”) today announced that it has redeemed all of its outstanding First Preference Shares, Series 1 (“Series 1 Shares”), in accordance with their terms. The cash redemption… [Read More]

Urbanfund Corp. Declares Dividend

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]

SmartCentres Real Estate Investment Trust Closes $450 Million Series U Senior Unsecured Debenture Issue

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has closed its previously announced private placement of $450 million aggregate principal amount of Series U senior unsecured debentures.  The Series U debentures carry… [Read More]

SmartCentres and Mitchell Goldhar Announce a Joint Venture for a New Relocated Walmart and Land for Residential Uses in the Vaughan Metropolitan Centre (VMC)

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TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and the Penguin Group of Companies (“Penguin”), owned by Mitchell Goldhar, announced today that the two parties have entered into a joint venture with respect to a 15.48 acre site… [Read More]

CAPREIT Acquires B.C. Apartment Property

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TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Redwood Manor in New Westminster, British Columbia. Occupancy for the 48-suite property currently stands at 100%. CAPREIT paid approximately $13.4 million for the property, funded by its Acquisition and Operating… [Read More]

Colliers International to Strengthen U.S. Debt Finance Platform and Establish U.S. Securities Business

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TORONTO and MINNEAPOLIS, Dec. 19, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), today announced that it will acquire a controlling interest in four subsidiaries of Dougherty Financial Group LLC; Dougherty Mortgage LLC, Dougherty & Company LLC, Dougherty Funding LLC and Dougherty Insurance… [Read More]

Dream Hard Asset Alternatives Trust Announces December 2019 Monthly Distribution

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TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”) today announced its December 2019 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The December distribution will be payable on January 15, 2020 to unitholders of record as at December 31, 2019.  Dream Alternatives… [Read More]