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Colliers International Completes Acquisition of Synergy Property Development Services

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TORONTO and BANGALORE, India, Oct. 16, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International  (NASDAQ and TSX: CIGI), has completed its previously announced acquisition of Synergy Property Development Services (“Synergy”). The company will merge with Colliers’ existing operations in India to create a top tier player with… [Read More]

WPT Industrial Real Estate Investment Trust Announces October 2019 Distribution

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TORONTO, Oct. 16, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of October 2019 of US$0.0633 per unit. The distribution will be payable on November 15, 2019 to unitholders of record as… [Read More]

Middlefield Global Real Asset Fund files Final Prospectus

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CALGARY, Alberta, Oct. 15, 2019 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Middlefield Global Real Asset Fund (the “Fund”), is pleased to announce that it has filed a final prospectus in relation to an initial public offering of units at a price of $10.00 per unit. The maximum amount of the offering is $150… [Read More]

Northview Apartment REIT Announces October 2019 Distribution

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CALGARY, Alberta, Oct. 15, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (NVU.UN – TSX) announced its October 2019 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on November 15, 2019 to holders of trust units of record at October 31, 2019. Northview Apartment REIT offers… [Read More]

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]