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RioCan Real Estate Investment Trust Completes Inaugural Green Bond Offering

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$350 million of 7-Year Series AC Senior Unsecured Debentures at an Annual Coupon Rate of 2.361% NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION TO THE UNITED STATES TORONTO, March 10, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:  REI.UN) today announced that it has closed its previously… [Read More]

Dream Unlimited Corp. Announces Resignation of Chief Financial Officer

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TORONTO, March 09, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (“Dream”) today announced that Ms. Pauline Alimchandani has advised Dream of her decision to resign as Executive Vice President and Chief Financial Officer of Dream effective April 9, 2020 to pursue another opportunity. Mr. Michael Cooper, President and Chief Responsible Officer of Dream,… [Read More]

Colliers to Acquire Leading Engineering Services Firm

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TORONTO and RED BANK, N.J., March 09, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm Colliers International (NASDAQ and TSX: CIGI) today announced it has entered into an agreement to acquire a controlling interest in Maser Consulting P.A. (“Maser”), one of the leading multi-discipline engineering design and consulting firms… [Read More]

Timbercreek Financial Announces 2019 Fourth Quarter Results

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TORONTO, March 06, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2019 (“Q4 2019”). Q4 2019 Highlights Strong transaction activity, with approximately $387 million in new mortgage investments and advances on existing mortgage investments Maintained conservative portfolio risk position focused… [Read More]

MAPLEWOOD INTERNATIONAL REIT ANNOUNCES EXECUTION OF BINDING PURCHASE AND SALE AGREEMENT ON INVESTMENT PROPERTY

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 06, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that following an extensive marketing process for the proposed sale of its sole investment property in the Netherlands (the “Property”), the… [Read More]

Melcor REIT announces 2019 annual results

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EDMONTON, Alberta, March 05, 2020 (GLOBE NEWSWIRE) — Annual Highlights Rental revenue of $71.16 million for growth of 1% over 2018. Net rental income of $42.39 million for growth of 1% over 2018. Adjusted cash flow from operations (ACFO) decreased 3% to $18.61 million or $0.66 per unit. Debt to Gross Book Value (GBV) ratio… [Read More]

RioCan Real Estate Investment Trust Announces Inaugural Green Bond Offering

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Issuance of $350 million of 7-Year Series AC Senior Unsecured Debentures at an Annual Coupon Rate of 2.361% NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION TO THE UNITED STATES TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:  REI.UN ) today announced that it has… [Read More]

CAPREIT Continues to Modernize Property Portfolio

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TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a brand-new 16-storey apartment building containing 112 suites well-located in the Greater Montreal Area municipality of Brossard Quebec. CAPREIT paid $43.5 million for the property financed in cash from its Acquisition and Operating… [Read More]

Colliers Canada Promotes Brian Rosen to President & CEO

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TORONTO, March 04, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), announced today that Brian Rosen, currently Chief Operating Officer | Canada, will succeed David Bowden as President & Chief Executive Officer | Canada, effective March 31, 2020. Bowden will transition to a… [Read More]

Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend

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TORONTO, March 04, 2020 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.030 per Class A Subordinate Voting Share and Class B Common Share payable on March 31, 2020 to shareholders of record on March 13, 2020. The dividends… [Read More]

RioCan Real Estate Investment Trust Launches Green Bond Framework

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TORONTO, March 04, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:  REI.UN ) is proud to announce today its Green Bond Framework. RioCan is the first REIT in Canada to establish a Green Bond Framework.  Our aim is to finance sustainable investments or projects. “As a responsible community steward,… [Read More]

ERES REIT Announces Timing of First Quarter 2020 Results & Conference Call and 2019 Annual Unitholders’ Meeting

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TORONTO, March 03, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it will issue its financial results for the three months ended March 31, 2020 after markets close on: Tuesday, May 5, 2020 A conference call hosted by Phillip Burns, Chief Executive Officer and the ERES REIT management… [Read More]