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CAPREIT Announces October 2019 Distribution

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TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its October 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The October distribution will be payable on November 15, 2019 to Unitholders of record on October 31,… [Read More]

CAPREIT Strengthens Presence in Prince Edward Island

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TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a four-storey waterfront apartment property in Summerside, Prince Edward Island. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $11.6 million for the property, funded by its Acquisition… [Read More]

Melcor REIT declares October, November and December distributions, unchanged from previous months; announces Q3-2019 conference call details

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EDMONTON, Alberta, Oct. 15, 2019 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2019, unchanged from previous months. The October, November and December distributions will be payable as follows:… [Read More]

Allied Announces October 2019 Distribution

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TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of October 2019, representing $1.60 per unit on an annualized basis.  The distribution will be payable on November 15, 2019, to unitholders of record as… [Read More]

RioCan Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid

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TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units (“Units”) as appropriate opportunities arise from time to time. RioCan’s normal course issuer bid… [Read More]

Urbanfund Corp. Declares Dividend

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 11, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]

Melcor to purchase up to $15 million worth of Melcor REIT Class B LP Units

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EDMONTON, Alberta, Oct. 10, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) today announced that it intends to complete a private placement of between $10 million and $15 million worth of Melcor REIT Limited Partnership (the “Partnership”) Class B LP units. The Partnership is a subsidiary of Real Estate Investment Trust (TSX: MR.UN –… [Read More]

Partners REIT going-private transaction with McCowan and Associates Ltd.

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TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) and McCowan and Associates Ltd. (“MAA”) today jointly announced that the REIT has entered into an arrangement agreement (the “Arrangement Agreement”) with MAA pursuant to which MAA will acquire all of the outstanding units of the REIT… [Read More]

Melcor REIT Announces $54.8 Million Third-Party Property Acquisition, $40.0 Million Convertible Debentures Offering, up to $15.0 Million Private Placement of Class B LP Units to Melcor Developments and Intention to Redeem Outstanding $34.5 Million Convertible Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, Oct. 10, 2019 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that it has entered into an agreement to acquire from an arm’s length third party (the “Vendor”) a commercial property (the “Acquisition”) for an aggregate… [Read More]

Colliers International Group Inc. to Announce Third Quarter Results on October 29, 2019

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TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced today that results for the third quarter ended September 30, 2019 will be issued by press release on Tuesday, October 29, 2019 at approximately 7:00am ET. The conference call to review these financial results will take place at 11:00am… [Read More]

Colliers International Hires Dynamic Executive to Lead Northwest Region

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LOS ANGELES, Oct. 10, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced that Kevin P. Morgan has joined the company as President, Northwest Region | USA. In his new role, Morgan will lead Colliers’ operations and business strategy in… [Read More]