TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and nine months ended September 30, 2019. HIGHLIGHTS: Three Months Ended Nine Months Ended September 30, September… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results For 2019
Continued steady growth of FFO and ACFO and poised for substantial FFO growth in 2020 Committed occupancy rate improves to 98.2% Both SmartVMC Office Towers 100% leased Construction of Transit City Condo Tower #1 reaches 55th floor TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN)… [Read More]
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
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 âAcquisitionâ) from an armâs 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
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) (âDreamâ) today announced that it will redeem all of its outstanding First Preference Shares, Series 1 (âSeries 1 Sharesâ) on December 20, 2019 (the âRedemption Dateâ), in… [Read More]
European Residential REIT Announces Third Quarter 2019 Results
TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (âERESâ or the âREITâ) (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
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) (âDreamâ, âthe Companyâ or âweâ) today announced its financial results for the… [Read More]
Firm Capital Property Trust Reports Highest NOI Since Inception and +4% Distribution Increase
TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (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
CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (âNorthviewâ) (NVU.UN â 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
BARRIE, Ontario, Nov. 06, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the âREIT,â or âPartnersâ) (TSX: PAR.UN) today announced its results for the three month period ended September 30, 2019 (the âthird quarterâ). 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
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
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
CALGARY, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) — Global Real Estate & E-Commerce Dividend Fund (TSX: GEC.UN) (the âFundâ) announced that it has filed a notice with the Toronto Stock Exchange (the âTSXâ) and received its approval to make a normal course issuer bid (âNCIBâ). Purchases pursuant to the NCIB will be made in the… [Read More]
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