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Partners REIT Unitholders Approve Plan of Arrangement with McCowan and Associates Ltd.

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TORONTO, Dec. 05, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) announced today that the plan of arrangement pursuant to which McCowan and Associates Ltd. (“MAA”) will, among other things, acquire all of the outstanding units of the REIT (each, a “Unit”), except for the 9,229,704 Units (representing… [Read More]

Allied Announces December 2019 Distribution and Distribution Increase for 2020

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TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.133 per unit for the month of December, 2019, payable on January 15, 2020, to unitholders of record on December 31, 2019, and (ii) approved an increase in monthly cash distributions for 2020… [Read More]

Inovalis Real Estate Investment Trust Announces a $45 Million Bought Deal Financing to Fund the Acquisition of the Remaining JV Ownership in Paris Property

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Inovalis Real Estate Investment Trust (the “REIT” or “Inovalis”) (TSX: INO.UN) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by Desjardins Capital Markets and… [Read More]

Allied Announces Closing of $345 Million Public Equity Offering

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has closed its previously announced offering of 6,555,000 units (inclusive of 855,000 units issued pursuant to the exercise in full… [Read More]

Global Restoration Holdings Completes Four Acquisitions

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TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its operating subsidiary, Global Restoration Holdings (“Global”), has recently acquired four regional restoration companies, including Perfection Property Restoration (“Perfection”), Catastrophe Cleaning & Restoration Co. (“CATCO”), ASR Property Restoration (“ASR”) and JPL Disaster Recovery (“JPL”) to join its existing… [Read More]

FirstService Declares Quarterly Cash Dividend on Common Shares

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TORONTO, Dec. 03, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.15 per Common Share.  The dividend is payable on January 8, 2020 to holders of Common Shares of record at the close… [Read More]

Colliers International Appoints United States President & CEO

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TORONTO, Dec. 03, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) announced today that Gil Borok will become President & Chief Executive Officer (CEO) | USA effective immediately.   “Gil’s appointment to President & Chief Executive Officer of our business in the United States… [Read More]

FirstService Corporation Announces US$200 Million Bought Deal Financing

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TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and TD Securities Inc., under which the underwriters have agreed to buy on a bought deal basis 2,165,000 common shares (the “Common… [Read More]

Colliers International to Establish a Market Leader in North Carolina

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TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Colliers International, leading global commercial real estate services and investment management firm (NASDAQ and TSX: CIGI), today announced its intention to build a market-leading presence across North Carolina by launching a new company-owned operation in Raleigh as a complement to its existing business in Charlotte. Colliers will not… [Read More]

RioCan Real Estate Investment Trust Announces Date of Fourth Quarter 2019 Earnings Release, Conference Call and Webcast

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TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months and year-ended December 31, 2019 before the market opens on Thursday, February 20, 2020. Interested parties are invited to participate in a conference call with management… [Read More]

Mountain China Resorts Reports 2019 Third Quarter Financial and Operational Results

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BEIJING, Nov. 29, 2019 (GLOBE NEWSWIRE) — Mountain China Resorts (Holding) Limited (TSXV: MCG) (“MCR” or the “Company”), today reported its financial results for the quarter ended September 30, 2019. MCR reports its results in Canadian Dollars. Financial Results Total revenue and the net results were from resort operations sales revenue during the Reporting Period…. [Read More]

Maplewood International REIT Announces Special Cash Distribution for 2019 Fiscal Year

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, Nov. 28, 2019 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that as a result of the REIT’s strong financial performance for the 2019 fiscal year combined with the REIT’s strong working… [Read More]