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CAPREIT Changes Time of Year-End 2019 Conference Call

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TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2019 after markets close on: Wednesday, February 26, 2020 A conference call to discuss the results will be hosted by Mark Kenney, President and Chief… [Read More]

SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Year End Results for 2019

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Continued steady growth of FFO and poised for substantial FFO growth in 2020 Mixed Use Intensification Program Continues with Additional High Rise Residential, Retirement Homes and Self-Storage Projects Industry Leading Committed occupancy rate improves to 98.2% Credit rating upgraded to BBB(H) Construction of Transit City Condo Towers continues TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) —… [Read More]

SmartCentres Announces Three Additional SmartStop Self-Storage Locations

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TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, announced today that it has executed agreements for three additional self storage locations in its joint venture arrangement with SmartStop Self Storage REIT, Inc. and its affiliates (“SmartStop”). The three new locations are… [Read More]

CAPREIT Completes Major Acquisition in Halifax, Nova Scotia

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TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the previously-announced purchase of a portfolio of eight properties containing fourteen apartment buildings totaling 1,503 rental suites well-located throughout the downtown core and surrounding metro area of Halifax, Nova Scotia. The acquisition represents… [Read More]

Firm Capital Property Trust Announces Acquisition of a 50% Interest in a $10.7 Million Industrial Portfolio

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TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in two industrial properties located in Edmonton and Leduc, Alberta (the “Portfolio”). The acquisition price for 100% of the Portfolio is approximately $10.7 million, excluding transaction costs. The… [Read More]

SmartCentres Enters Joint Venture to Build Apartments in Mid-Town Toronto

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and Greenwin Corp. (“Greenwin”), are proud to announce today that they have entered into a joint venture and acquired 1.15 acres in Toronto’s Yonge and Davisville neighbourhood. This urban infill development site represents… [Read More]

Allied Announces Pricing of Series F Senior Unsecured Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has priced its previously announced offering, and has agreed to issue $400 million aggregate principal amount of series F senior unsecured debentures… [Read More]

Allied Announces Launch of Offering of Series F Senior Unsecured Debentures

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) announced today that it has launched an offering of $400 million aggregate principal amount of series F senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc.,… [Read More]

SmartCentres and Mitchell Goldhar Announce Four Additional Retirement Residence Projects with Revera in Toronto and the Greater Toronto Area

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), the Penguin Group of Companies (“Penguin”) owned by Mitchell Goldhar, and Revera Inc., a leading Canadian senior living sector company, announced today that the three companies have executed four more conditional site specific joint venture agreements to develop and own retirement… [Read More]

Terra Firma Capital Corporation Appoints Y. Dov Meyer as New Executive Chairman of the Board of Directors

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TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, is pleased to announce the appointment of Mr. Y. Dov Meyer as the new Executive Chairman of the Board of Directors. Mr. Meyer, currently Executive Vice Chairman and the former Chief Executive… [Read More]

Allied Announces Fourth-Quarter and Year-End Results

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Strong Organic Growth, Extensive and Focused Capital Allocationand Achievement of Targeted Debt-Metrics Highlight 2019 TORONTO, Feb. 05, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2019. “We pursued our strategy in 2019 with excellent short-term and long-term results,” said… [Read More]