TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and nine months ended September 30, 2024 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS… [Read More]
Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting
Melcor REIT and Melcor Developments enter into Amended and Restated Arrangement Agreement which provides increased per-Unit consideration of $5.50 Special unitholder meeting scheduled for November 26, 2024 is cancelled and Melcor REIT engages in new 90-day extended “go-shop” period Under the terms of the “go-shop”, Melcor Developments will not have the right to match a… [Read More]
ERES Provides Update On Previously Disclosed Strategic Transactions
TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today an update on the expected closing of its previously disclosed strategic dispositions, and timing of its anticipated special distribution and distribution reduction, as announced in its press release dated September 16, 2024. Strategic Dispositions As… [Read More]
Northview Residential REIT Announces November Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Nov. 21, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its November 2024 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Timbercreek Financial Declares November 2024 Dividend
TORONTO, Nov. 21, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on December 13, 2024 to holders of Common Shares of record on November 29, 2024. The Company… [Read More]
Colliers named World’s Best Real Estate Advisor by Euromoney
Earns most awards globally with wins in 16 categories TORONTO, Nov. 21, 2024 (GLOBE NEWSWIRE) — Leading global diversified professional services company Colliers (NASDAQ and TSX: CIGI) is proud to be named World’s Best Real Estate Advisor by the prestigious Euromoney Global Real Estate Awards. Building on last year’s Best Global Agency win, Colliers continued… [Read More]
Melcor REIT Announces a Third Independent Proxy Advisor Recommends Unitholders Vote for the Plan of Arrangement
Endorsement from Egan-Jones follows earlier recommendation from ISS and Glass Lewis to vote FOR Arrangement ISS cites “large premium cash exit” and “meaningful downside risks of non-approval” in its report Unitholders who have questions or need assistance in voting should contact Laurel Hill Advisory Group by telephone at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211… [Read More]
Colliers’ 2025 Global Investor Outlook reveals renewed investor optimism in commercial real estate as pricing stabilizes
Broad momentum across asset classes, private wealth to reshape capital flows LONDON and TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) — Leading global diversified professional services company Colliers released its 2025 Global Investor Outlook, revealing renewed investor optimism and confidence that the commercial property market has moved past an inflection point following two years of muted… [Read More]
SmartCentres Declares Distribution for November 2024
TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on December 16, 2024 to unitholders… [Read More]
Melcor REIT Reiterates That the Arrangement Is the Best Outcome for Minority Unitholders and Is Supported by Both ISS and Glass Lewis Recommendations
VOTE FOR THE ARRANGEMENT TODAY TO SAVE YOUR INVESTMENT – EVERY VOTE COUNTS Leading Independent Proxy Advisory Firms ISS and Glass Lewis recommend Unitholders vote FOR the Arrangement Independent Committee warns Unitholders there are significant concerns for the future of the REIT if the Arrangement is not completed and reiterates its recommendation for Unitholders to… [Read More]
CAPREIT Announces November 2024 Distribution
TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its November 2024 monthly distribution in the amount of $0.125 per Unit (or $1.50 on an annualized basis). The November 2024 distribution will be payable on December 16, 2024 to Unitholders of record at the close… [Read More]
ERES REIT Declares November 2024 Monthly Distribution
TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “November Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]