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ERES REIT Declares December 2019 Monthly Distribution

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TORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the December 2019 monthly cash distribution of €0.00875 per Unit and Class B LP Unit (the “December Distribution”), being equivalent to €0.105 per Unit annualized. The distribution will be… [Read More]

FirstService Corporation Completes US$200 Million Bought Deal Public Offering of Common Shares

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TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService”) is pleased to report that it has closed its previously announced bought deal public offering of a total of 2,165,000 common shares (the “Common Shares”), at a price of US$92.50 per share, for gross proceeds of US$200,262,500 with a syndicate of… [Read More]

CAPREIT Expands Presence in Calgary Market

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TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of The Carrington, a 79-suite apartment property located in the Beltline district of downtown Calgary, Alberta. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $19.5 million for the… [Read More]

Partners REIT Announces Completion of Plan of Arrangement

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TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) and McCowan and Associates Ltd. (“MAA”) today jointly announced the completion of the previously announced statutory plan of arrangement (the “Arrangement”) pursuant to which, MAA acquired all of the outstanding units of the REIT (each, a “Unit”),… [Read More]

Dream Unlimited Corp. Acquires Units of Dream Office Real Estate Investment Trust

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TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM and DRM.PR.A) (“Dream”) announced today that that it has acquired 200,000 REIT Units, Series A (“Units”) of Dream Office REIT (TSX: D.UN) (“Dream Office REIT”), representing approximately 0.3% of the issued and outstanding Units on the Toronto Stock Exchange (the “TSX”) for aggregate… [Read More]

The Becker Milk Company Limited: Six Month Financial Results and Special Dividend

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TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2019. HIGHLIGHTS Total revenues for the six months ended October 31, 2019 were $1,618,664 compared to $1,522,067 for the same period in 2018; Net operating income for… [Read More]

Colliers International Declares Semi-Annual Dividend on Common Shares

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TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers“) announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares“) of Colliers of US$0.05 per Common Share. This dividend is in accordance… [Read More]

Northwest Healthcare Properties Real Estate Investment Trust Announces Increase to Previously Announced Equity Financing from $225 Million to $250 Million

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TORONTO, Dec. 11, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.UN) announced today that, due to strong demand, it has increased the size of the previously announced public offering to 18,450,000 trust units (“Units”) at a price of $12.20 per Unit (the “Offering Price”)  for gross… [Read More]

Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

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CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (the “Fund”) (TSX: RA.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the open market… [Read More]

CAPREIT Significantly Expands Presence in Halifax, Nova Scotia

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TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and agreed to acquire, subject to regulatory approvals, 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,… [Read More]

NorthWest Healthcare Properties Real Estate Investment Trust Announces $225 Million Equity Financing

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TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — NorthWest Healthcare Properties Real Estate Investment Trust (“NorthWest” or the “REIT”) (TSX: NWH.UN) announced today a public offering, on a “bought deal” basis, of 16,400,000 trust units (the “Units”) at a price of $12.20 per Unit (the “Offering Price”) representing gross proceeds of approximately $200.1 million (the “Public… [Read More]